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$1,900,000

  • For Sale
  • Active
  • Commercial Service
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Nestled at the heart of Philadelphia's Old City stands the remarkable Landmark property, an iconic establishment gracing the prominent intersection of 10th and Locust. Locust Bar offers prime location as a turnkey corner restaurant and bar. This amazing property also boasts six accompanying apartments offering a wholly separate source of revenue. Investors have a value-add opportunity with the 6 apartments - simple renovations/upgrades could easily yield increased rents. Locust Bar has stood as an enduring neighborhood staple, a cherished destination for locals and visitors alike. The investment potential here is truly remarkable, reflecting a solid and attractive return on investment. As an entrepreneur, this property offers a piece of Philadelphia's rich history and a thriving business ready for your stewardship. Whether you're a seasoned hospitality professional seeking your next venture or a visionary newcomer looking to make your mark, the Landmark property at 10th and Locust offers a tremendous investment and business opportunity. Please note that the R liquor license is available for purchase for an additional $200,000.00

Full Property Details for 235 S 10th St

General

  • Price: $1,900,000
  • Taxes: $18,431 (2026)
  • Status: Active
  • Type: Commercial Service
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2664676
  • Updated: 8/27/2026
  • Added to Site: 37 day(s) ago

Business

  • Business Type: Restaurant/Bar

Interior

  • Flooring: Laminated, Tile/Brick, Vinyl

Parking

  • Parking Type: On Street

Location

  • Area: 19107 (19107)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Driving Directions: Use GPS
  • Historic District: Yes

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C, Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Structural Information

  • Construction: Masonry
  • Foundation: Concrete Perimeter
  • Doors: Double Entry
  • Building Size: 3745
  • Year Built: 1920
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 0.03
  • Lot Size (Sq. Ft.): 1,400
  • Lot Size Source: Assessor
  • Lot Dimensions: 20.00 x 70.00
  • Zoning: CMX2

Financial Considerations

  • Price Per Sq. Ft.: $507.34
  • Assessment Year: 2026
  • School Tax: $10,321
  • City/TownTax: $8,109
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $1,316,700
  • Tax Amount: $18,431
  • Tax Year: 2026

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Transferable leased items: glass washer, Soda system.
  • Inclusions: All bar equipment and inventory not currently leased
  • Lot Number: 176

Listed by Keller Williams Real Estate Tri-County, Alia Asanova and Keller Williams Real Estate Tri-County, Vincent Carnuccio

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Listing agents

— 235 S 10th St —

  • Alia Asanova

    Keller Williams Real Estate Tri-County

  • Vincent Carnuccio

    Keller Williams Real Estate Tri-County

Listing Office Email: hayala.kw@gmail.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 235 S 10th St

School District:Philadelphia City School District
NameGradesDistance
McCall Gen George A School
325 South 7th Street, Philadelphia, PA 19106
K-80.3 mi
Franklin Benjamin High School
550 North Broad Street, Philadelphia, PA 19130
12-111.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 235 S 10th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/27/2026
Listed
$1,900,000
420.55%
MLS
2/17/2004
Sold
$365,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 235 S 10th St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$15,345
—
$1,316,700
20%
2025
$15,345
—
$1,096,200
—
2024
$15,345
—
$1,096,200
—
2023
$15,345
—
$1,096,200
100%
2021
$15,345
—
-100%
2020
$15,345
1%
$1,096,200
1%
2019
$15,231
36%
$1,088,100
36%
2018
$11,172
27%
$798,100
27%
2017
$8,819
—
$630,000
—
2016
$8,819
4%
$630,000
—
2015
$8,442
—
$630,000
—
2014
$8,442
26%
$630,000
816%
2013
$6,722
—
$68,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Real Estate Tri-County, Alia Asanova and Keller Williams Real Estate Tri-County, Vincent Carnuccio

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235 S 10th Street, Philadelphia, PA 19107 (MLS# PAPH2664676) is a Commercial Service property. 235 S 10th Street is currently listed for $1,900,000 and was received on August 27, 2026. Want to learn more about 235 S 10th Street? Do you have questions about finding other Commercial Service real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.

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