Commercial > Multi-family / Apartments
Active
10/18/2023
List Price
$2,485,000
235 10th St
Philadelphia, PA 19107
- -Bed
- -Bath
- 3,479ft²Living Area
- 1,307ft²Lot Size
- -Pool
- -Car
- 1920Year Built
- 238DOM
- 11Permits
235 10th St, Philadelphia, PA 19107 is a 3,479 ft² multi-family/apartments property built in 1920 on a 0.030 acre lot with 11 construction permits. This multi-family/apartments is currently listed for $2,485,000, and it was last sold in 2004 for $365,000.
MLS Description
The listing agent's description. Original Listing
Nestled at the heart of Philadelphia's vibrant cityscape stands the remarkable Landmark property, an iconic establishment gracing the prominent intersection of 10th and Locust. With an illustrious history and a prime location, this turnkey corner restaurant and bar, along with six accompanying apartments, awaits its next visionary proprietor. As an added gem, the liquor license is thoughtfully included in the sale, providing an unparalleled opportunity to step into the world of hospitality and thriving entrepreneurship.
For generations, the Locust Bar has stood as an enduring neighborhood staple, a cherished destination for locals and visitors alike. Its inviting ambiance and rich legacy have made it a beloved cornerstone of the community, offering a warm and welcoming atmosphere for patrons to gather and create cherished memories.
The bar and restaurant are not just a property but a complete experience, thoughtfully curated and fully equipped to ensure its continued success. Its doors are open, and the wheels of hospitality are in perpetual motion, operating seven days a week. This perpetual activity ensures that the establishment remains an integral part of the community's social fabric, offering a place for celebration, camaraderie, and connection.
The investment potential here is truly remarkable, reflecting a solid and attractive return on investment. As a savvy entrepreneur, this property offers not only a piece of Philadelphia's rich history but also a tangible and thriving business ready for your stewardship. With the included liquor license, a symbol of the establishment's esteemed reputation, you can take the helm of this beloved institution and guide it into a prosperous future.
Whether you're a seasoned hospitality professional seeking your next venture or a visionary newcomer looking to make your mark, the Landmark property at 10th and Locust is an opportunity that promises not only financial reward but also the chance to become a cherished part of Philadelphia's vibrant culture.
Sale includes Building, Bar, & Restaurant Business, Liquor license...... Can be sold Separately.
Listing Agents
The listing agent for 235 10th St is Vince Carnuccio.
VC
Vince Carnuccio
Keller Williams Real Estate Tri-County
Phone: (215) 464-8800
Permits
235 10th St has 11 permit records.
Permit History
11
Permits
November 10, 2016
Description: Replace (7) windows correct sash only as per attached drawings. Approved by phc. (mixed-use)Status: completeType: Alteration permitBusiness Name: John P Hovanec IncApplicant: Koenig Thomas Koenig AnaEffective Date: 2016-11-10Permit Number: 735696
July 14, 2015
Description: Philadelphia historical commission registered property. Replaced 6 window sashes on top & bottom as approved by the phc. Remove capping as required by phc. **post this permit** ** post the project information sign**Status: completeType: Alteration permitBusiness Name: John P HovanecApplicant: Koenig Thomas Koenig AnaEffective Date: 2015-07-14Permit Number: 624496
August 8, 2014
Description: Six (6) windows changing sash only.all work will performed as per historical commission approval and manufactures specificationStatus: completeType: Alteration permitBusiness Name: John P HovanecApplicant: Koenig Thomas Koenig AnaEffective Date: 2014-08-08Permit Number: 554711
February 19, 2014
Description: Hotworks: welding/cutting/soldering/torch work - permit expires 02/19/2015Status: completeType: Operations permitBusiness Name: Fluidics IncApplicant: Koenig Thomas Koenig Ana0Effective Date: 2014-02-19Permit Number: 22736
December 19, 2012
Description: Hotworks: welding/cutting/soldering/torch work - permit expires 12/18/2013Status: completeType: Operations permitBusiness Name: Fluidics IncApplicant: Koenig Thomas Koenig AnaEffective Date: 2012-12-19Permit Number: 22076
June 28, 2012
Description: Hotwork: welding/cutting/soldering/torch as part of bluemle life building experation date 06/27/2013Status: completeType: Operations permitBusiness Name: Corporate Piping IncApplicant: Koenig Thomas Koenig AnaEffective Date: 2012-06-28Permit Number: 21718
January 26, 2012
Description: Hotworks: welding/cutting/soldering/torch work - permit expires 12/26/2013Status: completeType: Operations permitBusiness Name: Fluidics IncApplicant: Koenig Thomas Koenig AnaEffective Date: 2012-01-26Permit Number: 21405
May 27, 2011
Description: Hotworks: welding/cutting/soldering/torch work - permit expires 5/31/12Status: completeType: Operations permitBusiness Name: Corporate Piping IncApplicant: Koenig Thomas Koenig Ana0Effective Date: 2011-05-27Permit Number: 21028
April 21, 2010
Description: 6 high - 8 masonry fence wall w 12 iron pickets on topStatus: completeType: Alteration permitApplicant: Koenig Thomas Koenig AnaEffective Date: 2010-04-21Permit Number: 258527
April 1, 2010
Description: For the erection of a 7'-1 1/2 high fence wall accessory to an existing bar restaurant 1st floor and (3) apartments 2nd floor & (3) apartments 3rd floor size and location as shown in application no signs on this applicationStatus: COMPLETEDType: Zoning permitBusiness Name: DENNIS TORRESEffective Date: 2010-04-01Permit Number: 264129
December 21, 2009
Description: Repointing existing chimney; 60 bricks mortar formula tp consist of (1) part portland cement 2 1/2 parts lime 5-6 parts od brown sand. Historical commission to review sample in field for approvalStatus: completeType: Alteration permitApplicant: Koenig Thomas Koenig AnaEffective Date: 2009-12-21Permit Number: 252449
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$15,344.61From latest Total Assessed Value1.4%Total Assessed Value$1,096,200=Land+
Assessed Value$328,860Additions
Assessed Value$767,340
In 2023, taxes billed for 235 10th St were $15,344.61, which is 1.40% from latest Total Assessed Value of $1,096,200.
Property History
235 10th St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 235 10th St
Hazard Risks
Wind233Weather118Hurricane114Hail109Particulates109Nat'l Avg100Air Pollution100Tornado100Ozone95Carb Mono90Earthquake78Lead59
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 235 10th St.
Walkability Index
18 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
235 10th St has a walkability score of 18 out of 20, which means that it is in a most walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
27°F
High
42°F
Summer
Average
Low
66°F
High
85°F
In the winter at 235 10th St, temperatures range from 27.43°F to 42.46°F with an average of 34.95°F. In the summer, the temperature ranges from 65.67°F to 84.81°F with and average of 75.24°F.
School Information
Public/private schools serving 235 10th St
Public Schools
General George A. McCall School
Grades: KG-8
0.31 mi
B
Benjamin Franklin High School
Grades: 9-12
1.16 mi
D-
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 235 10th St have ratings undefined, and undefined.
Neighborhood
This property is located in Washington Square West, Philadelphia, PA 19107.
Seasonal Housing units 19107
12%of housing is for seasonal rent.
Daytime Population for 19107
+175%of people during work hours.
Boundary map of Washington Square West.
Crime Index for 19107
146
146
The crime index in 19107 is 146, which is 1.5 times higher than national average.
Market Trends
Historical market data near 235 10th St over selected time period.
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