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125 Walnut St
Philadelphia, PA 19106 Old City

$131,862 USD/MO

Apartments For Lease  •  18,213 SF

Property Details

  • Property Type Apartments
  • Year Built 2004
  • Total Building Size 45,074 SF
  • Building Class B
  • Zoning CMX3
93 Transit Score
98 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Restaurant Retail 18,213 SF $86.88 USD/SF/YR
  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet

Description

Iconic Philadelphia bar/restaurant located at 2nd & Walnut Street, available for lease (FF&E included). 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. Also 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 offices, essential for running the business, and a powder room for the employees and plenty of storage space. 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. This facility 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 lease a piece of Philadelphia’s history.

Tenant pays $11,000/month plus real estate taxes and condominium fees currently totaling $9,295. Tenant also pays trash removal, U&O, taxes and utilities.

Amenities

  • Elevator

Public Transportation

Commuter RailDriveWalkDistance
Philadelphia 30th Street (Atlantic City Line - NJ Transit Commuter Rail (NJ Transit)) 7 min - 3.4 mi
Cherry Hill (Atlantic City Line - NJ Transit Commuter Rail (NJ Transit)) 16 min - 7.3 mi
Transit/SubwayDriveWalkDistance
2nd Street (Market-Frankford Line - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 2 min 4 min 0.2 mi
5th Street (Market-Frankford Line - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 2 min 9 min 0.5 mi
8th & Market St (PATCO Speedline - Port Authority Transit Corporation Speedline (PATCO Speedline)) 3 min 14 min 0.7 mi
8th Street (Broad Street Line - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley), Market-Frankford Line - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 3 min 14 min 0.7 mi
9th-10th & Locust St (PATCO Speedline - Port Authority Transit Corporation Speedline (PATCO Speedline)) 4 min 14 min 0.7 mi
AirportDriveWalkDistance
Philadelphia International 16 min - 11.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
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