125 Walnut St # RESTAURANT Philadelphia, PA $ 2,800,000
125 Walnut St # RESTAURANT
$ 2,800,000
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125 Walnut St # RESTAURANT

Philadelphia, PA, 19106
$ 2,800,000
Bedrooms-- Baths-- Sq 12,828

Monthly Estimate*

$ 17,240

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Commercial Property for sale in Philadelphia, PA

for $2,800,000. This 12,828 square foot building was built in 2004.

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.

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Commercial Active

Price

$ 2,800,000

Property Type

Commercial

Taxes

$ 40,762

Style

Restaurant/Bar

Year Built

2004

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2516648

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Zoned
Cooling Zoned
Possession Settlement
Zoning CMX3
Construction Materials Masonry
Exclusions Wall hangings. Liquor License
Year Built 2004
Unit Number RESTAURANT
Property Subtype Mixed Use
Tax Year 2025
Ownership Condominium
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Restaurant/Bar
Building Name MORAVIAN
Accessibility No Stairs
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name SOCIETY HILL
Water Access Y/N N
Status ACTIVE
Directions Between Front Street and 2nd Street across from Sheraton Hotel and steps away from new Walnut St park.
City PHILADELPHIA
Disclosures Historic Property
MLS Area 19106 (19106)
Tax Annual Amount 40762.0
Price Per Sq Ft Total AG 153.74
Acceptable Financing Cash Conventional Lease Purchase Industrial Development Authority Negotiable
Historic Y/N Y
Lease Considered Y/N Y
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 241
Association Recreation Fee 4333.61 Y
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Exterior
Water Source Public
Inclusions All FF&E furniture fixtures and equipment currently in the property except for wall hangings.
Type of Parking None
Water View Y/N N
Building Area Total 18213.00
Lot Dimensions 155.00 x 30.00
Waterfront Y/N N
Land Assessed Value 582400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 125
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* Excluded Features
List By
Bhhs Fox & Roach-Center City Walnut

Broker

teamdamis@gmail.com

Email

Affordability Calculator

$20,637
Per Month
84%
16%
0%
Monthly Principal & Interest
$17,240
Monthly Property Taxes
$3,397
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/15/2025$2,800,000 Listed Price

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125 Walnut St # RESTAURANT, Philadelphia, PA, 19106 is a Commercial Property for sale at $2,800,000 with 12,828 sqft. 125 Walnut St # RESTAURANT was built in 2004. The property's zip code is 19106 which is in Philadelphia, PA