125 Walnut St #RESTAURANT, Philadelphia, PA 19106 | For Sale

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For Sale $2,800,000

$2,800,000
  • (0)
  • Units
  • Unknown Sq Ft
  • Unknown Sq Ft
  • Unknown Cap Rate

Description

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 you’ll 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 ship’s wheel to a versatile space that is used for banquets and private events or additional dining space. On the other side of the bar, you’ll 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 you’ll 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 Penn’s 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 don’t miss the chance to own a piece of Philadelphia’s history.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $2,800,000
Property Type Flex Space
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 2004
Last Sold Unknown
Sold Price Unknown
APN # 882623116
MLS # PAPH2516648
Property ID 321983338
Lot Sqft Unknown
Zoning CMX3
Days on Market 161
Original List Price Unknown
Date Updated August 15, 2025
Date Created July 14, 2025

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Gregory J Damis an agent of BHHS Fox & Roach-Center City Walnut. Lic #RS153011A


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Data last updated: December 22, 2025.
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