Philadelphia, PA 19106 125 Walnut St # RESTAURANT

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Presented By: BHHS Fox & Roach-Center City Walnut
  • MLS# PAPH2516648
  • 07/15/2025
  • Request Tour
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  • SQFT • 12,828

Home Details

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 youll 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 ships wheel to a versatile space that is used for banquets and private events or additional dining space. On the other side of the bar, youll 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 youll 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 Penns 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 dont miss the chance to own a piece of Philadelphias history.
Presented By: BHHS Fox & Roach-Center City Walnut

Interior Features for 125 Walnut St # RESTAURANT

Other Interior Features

Central Air Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 125 Walnut St # RESTAURANT

Acceptable FinancingCash, Conventional, Lease Purchase, Industrial Development Authority, Negotiable
AccessibilityNo Stairs
Association Recreation Fee4333.61
Association Recreation FeeY
Building NameMORAVIAN
Business TypeRestaurant/Bar
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingZoned
CountyPHILADELPHIA
DirectionsBetween Front Street and 2nd Street across from Sheraton Hotel and steps away from new Walnut St park.
DisclosuresHistoric Property
ExclusionsWall hangings. Liquor License
HeatingZoned
Historic Y/NYes
Lease Considered Y/NYes
MLS Area19106 (19106)
ModificationTimestamp2025-07-16T09:26:30
MunicipalityPHILADELPHIA
New ConstructionNo
OwnershipCondominium
PossessionSettlement
Price Per Sq Ft Total AG218.27
Property SubtypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameSOCIETY HILL
Tax Annual Amount40762.0
Tax Assessed Value2912000.0
Tax Lot241
Tax Year2025
TransportationBus Stop less than 1 mile, Metro/Subway Station less than 1 mile
Unit NumberRESTAURANT
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built2004
Year Built SourceEstimated
ZoningCMX3

Exterior for 125 Walnut St # RESTAURANT

Building Area Total12828.00
InclusionsAll FF&E, furniture, fixtures and equipment currently in the property except for wall hangings.
Land Assessed Value582400.00
Land Use Code6A0
Lot Dimensions155.00 x 30.00
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $2,800,000
MLS#PAPH2516648
List Date 07/15/2025
Property Type Commercial
Phone 703.929.4729
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