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1420 Locust St
Philadelphia, PA 19102

Price reduced!! Condo (Restaurant & Bar) · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Elevated indoor/outdoor patio

EXECUTIVE SUMMARY

Commercial condominium (restaurant and bar) located at the Academy House with elevated patio seating. Frontage on Locust Street. This condo unit also offers a loading dock in the rear for deliveries. Currently a restaurant and bar with 12' ceilings and capacity for approx. 105 people. Large bar, elevated patio with seating, fully-vented kitchen with hood, and two walk-in refrigerators. Liquor license available. Located near Broad and Locust intersection, the 37-story Academy House offers 552 residences. Neighbors Merriam Theater, Academy of Music, Wilma Theater, Kimmel Center, Bellevue Hotel, and DoubleTree Hotel. Will consider Lease offers (NEG).

PROPERTY FACTS

Property Type Retail
Property Subtype
Restaurant
  • General Retail Bar
Building Class B
Lot Size 0.70 AC
Gross Leasable Area 4,000 SF
No. Stories 1
Year Built 1974
Tenancy Single
Clear Ceiling Height 12’
No. Dock-High Doors/Loading 1
APN / Parcel ID 888080896

AMENITIES

  • Restaurant
  • Balcony

ZONING

Zoning Code CMX5 (CMX-5 districts are primarily intended to accommodate mixed-use development in the central core area of Center City.)
  • Listing ID: 17216042

  • Date on Market: 9/16/2019

  • Last Updated:

  • Address: 1420 Locust St, Philadelphia, PA 19102