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141 South St
Philadelphia, PA 19147
Multifamily Property For Sale · 2 Units

Executive Summary

A rare opportunity to acquire a well-established, highly regarded restaurant along with a four-story, 10,000+ SF mixed use Building in the heart of Queen Village. This turn-key operation offers strong brand recognition and includes all FF&E, including PA liquor license. The property also features two residential units, providing flexibility for an owner-occupier or additional rental income.
Property Highlights
- Four Story, 10,000 +/- SF mixed use building (Zoned CMX-2)
- Iconic Philadelphia restaurant seating approximately 140 guests
- Private dining space for special events and gatherings
- Two bi-level, one bedroom apartments
o One recently renovated and move-in ready
o One currently used as restaurant storage (easily convertible to rental income)
- FF&E and Philadelphia Liquor License included in the sale
- Ideal for Owner-operator or investment opportunity.

Property Facts

Price Per Unit $1,300,000
Sale Type Investment or Owner User
Sale Condition Business Value Included
No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Bar
  • General Retail Storefront
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class C
Lot Size 0.02 AC
Building Size 9,527 SF
No. Stories 4
Year Built 1980
Cross Streets 2nd
Zoning CMX2 - Commercial Mixed-Use district that allows a range of uses, including retail, service establishments, and residential buildings

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Views
  • Freezer

Site Amenities

  • 24 Hour Access
  • Picnic Area
  • Recycling
  • Trash Pickup - Curbside
  • Walk-Up
  • Smoke Detector

About 141 SOUTH ST , PHILADELPHIA, PA 19147

Existing Turn Key Restaurant and 2, currently unoccupied residential, 1 bedroom units.

Property Taxes

Property Taxes

Parcel Number
888044401
Land Assessment
$62,200
Improvements Assessment
$382,600
Total Assessment
$444,800
  • Listing ID: 34628447

  • Date on Market: 1/28/2025

  • Last Updated:

  • Address: 141 South St, Philadelphia, PA 19147

Contact the Sale Advisor

141 South St

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