Agent PHL is thrilled to offer this TURNKEY restaurant/bar WITH LIQUOR LICENSE opportunity in one of Philly's leading residential areas! Built in 1910, this massive 3-story corner property in Fairmount is a legacy Philadelphia building. Formerly known as Rembrandt's, a much beloved landmark dining/nightlife outpost, the entire 3 building combined parcel is now available for lease for $14,500 NNN. Spanning TWO CORNERS (street-to-street) and three building addresses, with prominent signage visible throughout the area, this hospitality space represents one of the best opportunities in the City of Philadelphia to create the next best dining destination in a city known nationwide for its critically acclaimed chefs, award-winning restaurants and restaurateurs. Food & Wine, Bon Appétit, Conde Nast, Vogue and other notable publications have praised Philadelphia in recent months for its food and culture scene which now rivals the greatest and most renowned US cities. Reimagine this treasured 8,648 SF space as an all-day café, with multiple levels available for creative interpretation, either as a comprehensive whole or as individual concepts. Multiple entrances and levels offer the ability to create separate themed spaces. All restaurant and bar equipment is included in the lease. Features include a fully outfitted/operating kitchen; original 1910 mahogany bar with penny tile and tin tray ceiling; recessed and pendant lighting; 100 seats plus back bar on ground floor; 45 outdoor seats; Juliet balconies, bar, and 100 seats on 2nd floor banquet space; and, unobstructed downtown skyline views from 3rd floor space with potential for outdoor lounge roofdeck seating. Southern exposure lined with wall-to-wall windows. Multiple opportunities for signage, including awning, 2nd/3rd story wall façade signage, and neon roof signage seen/known throughout the area. Full basement for restaurant equipment and bar storage. Triple NET lease. Tenant pays real estate tax, use and occupancy tax and insurance. Ownership will consider tenant improvement allowance to recreate space to tenant's vision/liking. Bonus 1bd/1ba apartment upstairs for live-in chef or Airbnb!
