PA > Philadelphia > Society Hill
Philadelphia, PA 19106,125 WALNUT ST #RESTAURANT
Philadelphia, PA 19106,125 WALNUT ST #RESTAURANT
Philadelphia, PA 19106,125 WALNUT ST #RESTAURANT
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Graceann Tinney

Graceann Tinney

+1(267) 373-8244
Listed by Gregory J Damis • BHHS Fox & Roach-Center City Walnut
$2,800,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Society Hill

MLS Listing ID PAPH2516648

Year Built 2004

Annual Tax Amount $40,762

Tax Year 2025

Lot Dimensions 155.00 x 30.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Iconic Philadelphia bar/restaurant located at 2nd & Walnut Street, available for sale (building only). A prestigious property located in Society Hill on the cusp of Old City. Step inside where you'll be greeted by the grandeur of an opulent “original” wood bar accompanied by magnificent ceramic tiles, plenty of lights and colorful dining booths. The dining area seamlessly extends through an authentic ship's wheel to a versatile space that is used for banquets and private events or additional dining space. On the other side of the bar, you'll find a cozy space with a private entrance that can be utilized as a cigar lounge, banquets/ private events, or just additional dining space. This space features its own bar and a private room designed to be the wedding suite.

The tiled restrooms are spacious, elegant, & stylish.

The kitchen is ample at 2,800 square feet, featuring 5 walk-in refrigerators/freezers, separate prepping area, generous cooking and grilling area and separate dishwashing room.

This landmark property boasts close to 13,000 square feet of versatile space presenting endless possibilities for the future. It can accommodate seating for up to 387 guests at a time.

On the lower level you'll find 2 office spaces, essential for running the business, and a powder room for the employees and plenty of storage space. Mechanical, boiler, transformer and fire pump room are also located in the lower level.

An additional walk-in refrigeration box used for beer kegs and beverages is located in the basement.

2 sets of doors will ease the basement access from the street for deliveries.

Layout works beautifully for a speakeasy, dance club, or elegant catering.

Liquor license is available for an additional fee. Lease option available - call for details.

Space is part of Moravian Condominium. One block from the Chestnut St Penn's Landing ramp & the Seaport Museum and River Rink. One 1/2 block from the anticipated Walnut Bridge connecting Penn's Landing with Walnut Street and one 1/2 block from the Ritz Movie Theater, Society Hill Towers and adjacent to the Marriott Hotel.

Schedule a showing today to explore the possibilities that await you and don't miss the chance to own a piece of Philadelphia's history.

Location

State PA

County Philadelphia

Area 19106 (19106)

Zoning CMX3

Interior

Hot Water Natural Gas

Heating Zoned

Cooling Zoned

Inclusions All FF&E, furniture, fixtures and equipment currently in the property except for wall hangings.

Heat Source Natural Gas

Exterior

Water Access N

Accessibility No Stairs

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 882623116

Ownership Condominium

Acceptable Financing Cash, Conventional, Lease Purchase, Industrial Development Authority, Negotiable

Listing Terms Cash, Conventional, Lease Purchase, Industrial Development Authority, Negotiable

Financing Cash,Conventional,Lease Purchase,Industrial Development Authority,Negotiable

Special Listing Condition Standard

Read Less Info
Bright MLS (BMLS)

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Graceann Tinney

Graceann Tinney

Agent | RSRS344523

+1(267) 373-8244

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125 WALNUT ST #RESTAURANT

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