London Grill Restaurant | 2301 Fairmount Ave
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London Grill Restaurant 2301 Fairmount Ave
8,180 SF Retail Building Philadelphia, PA 19130 $1,950,000 ($238/SF)
Investment Highlights
- The property offers easy access to major cultural institutions like the Philadelphia Museum of Art and the Franklin Institute.
- Major transportation routes including I-76, I-676, and the Benjamin Franklin Bridge further enhance its appeal.
- Fairmont is home to many young families and urban professionals due to its abundant green space; neighborhood feel and it proximity to Center City.
- Its proximity to abundant green spaces, a welcoming neighborhood atmosphere.
- Often referred to as the “Art Museum Area” because of its walking-distance access to Philadelphia Museum of Art
Executive Summary
MPN Realty Inc. is pleased to present the exclusive sale of 2301 Fairmount Ave., a premier opportunity to acquire an iconic piece of Philadelphia real estate. This 8,180 +/- SF, 2nd generation multi-floor restaurant space is ideally located in the vibrant Fairmount neighborhood. It features a double-wide first floor with an additional patio and a second-floor private event dining room. Formerly home to the renowned London Grill restaurant and bar, this property boasts a fully fitted-out kitchen with a hood and lower-level walk-ins and storage. With several distinct dining venues, including a classic bar and versatile event spaces, 2301 Fairmount Ave. is a historically significant property recently nominated for inclusion in the Philadelphia Register of Historic Places. Situated in the heart of the "Art Museum Area," the property offers easy access to major cultural institutions like the Philadelphia Museum of Art and the Franklin Institute, making it an attractive location for both locals and visitors. Its proximity to abundant green spaces, a welcoming neighborhood atmosphere, and major transportation routes including I-76, I-676, and the Benjamin Franklin Bridge further enhance its appeal.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,180 SF
Building Class
B
Year Built
1900
Price
$1,950,000
Price Per SF
$238
Tenancy
Single
Building Height
3 Stories
Building FAR
2.35
Lot Size
0.08 AC
Zoning
CMX2.5 - primarily intended to accommodate active, pedestrian-friendly retail and service uses in commercial nodes and along commercial corridors
Frontage
Amenities
- Pylon Sign
- Signalized Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 2,728 SF
- Retail
- In-Line
- 30 Days
- 2nd Floor
- 2,726 SF
- Retail
- In-Line
- 30 Days
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,728 SF | Retail | In-Line | 30 Days |
| 2nd Floor | 2,726 SF | Retail | In-Line | 30 Days |
1st Floor
| Size |
| 2,728 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
2nd Floor
| Size |
| 2,726 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
Walk Score ®
Walker's Paradise (94)
Transit Score ®
Excellent Transit (70)
Bike Score ®
Biker's Paradise (94)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,505,840 | |
| Land Assessment | $376,460 | Total Assessment | $1,882,300 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$376,460
Improvements Assessment
$1,505,840
Total Assessment
$1,882,300
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London Grill Restaurant | 2301 Fairmount Ave
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