For Sale
Active
125 Walnut Street, Restaurant, Philadelphia, PA 19106
  • Office/Retail/Industrial
  • 12828 Sq Ft
$3,390,000

125 Walnut Street

Iconic Philadelphia Restaurant/Bar located at 2nd and Walnut, available for sale (building only), a prestigious property located in Society Hill on the cusp of Old City. As you step inside, 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, and stylish.

The kitchen is ample at 2800 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 future endeavors. 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 plus 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.

FF&E and liquor license are available for an additional fee.

Space is part of Moravian Condominium. One block from the Chestnut St Penn’s Landing ramp and 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 the Mariott 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.

Details

  • Year Built:
  • Lot Size:
  • Stories:
  • Garage:
  • MLS ID:
  • County:
  • Subdivision:
  • Community:

Features

Map

What's Nearby

Schools

Mortgage Calculator

Purchase & Financing Information
Sale Price of Home: (In Dollars)
Percentage Down: %
Length of Mortgage: years
Annual Interest Rate: %
Explain Calculations: Show me the calculations and amortization