125 Walnut St, Unit RESTAURANT, Philadelphia, PA 19106

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. Special condominium assessment $1,714.50. Condo fee $5,162.74/month.

Property Features

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