1706-8 LOMBARD ST Coming Soon

Philadelphia,PA 19146

$ 400000

- Bed

- Bath

3264 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 3,264 sqft

Price per Sqft $122

MLS Listing ID PAPH2406136

Originating Board BRIGHT

Year Built 2011

Annual Tax Amount $14,368

Tax Year 2024

Lot Size 1,254 Sqft

Acres 0.03

Lot Dimensions 33.00 x 38.00

Property Description

Liquor License + FF&E

(Real Estate is also available for purchase see MLS2406144 listing for more information)

1706-08 Lombard St is located in the sought after area of Rittenhouse Square.

This a rare opportunity to own a fully functional restaurant / bar business in one of Philadelphia’s most vibrant and thriving neighborhoods.

**** Prime Location: **** Situated in a high-traffic area just steps from Center City, this dual storefront property sits along a bustling corridor known for its dining, retail, and entertainment.

Currently Midnight Iris and previously Astral Plane a staple in the area, is a fully operational, move-in-ready restaurant space that includes two levels of seating, a cozy lounge area, 2 bar areas, a fully equipped commercial kitchen, and ample basement storage. The interior is eclectically designed with attention to detail, from its hand carved cherry wood railings to its repurposed vintage doors bar front with glass door handle for hanging your belongings. The interior features contagious character is perfect for transforming the space into your own concept.

The location is highly walkable and has a walkability score of 99, surrounded by a vibrant mix of residential and commercial properties, and just blocks away from South Street, major hospitals, Jefferson University, and Rittenhouse Square.

**** Investment Potential: **** If you’re an experienced restaurateur looking for a dynamic commercial space, this property offers significant upside potential. The Rittenhouse area of Philadelphia is mecca for tourism and continues to grow, attracting both residents and visitors seeking unique dining experiences.

With its unbeatable location, neighborhood notoriety, and approx. 2600 sq ft of retail space, this property is an ideal opportunity for anyone looking to open a restaurant / bar in Philadelphia’s thriving restaurant scene.

Location

State PA

County Philadelphia

Area 19146 (19146)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Central

Inclusions Liquor License & FF&E

Equipment Negotiable

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871137350

Ownership Other

SqFt Source Assessor

Security Features Security System,Smoke Detector,Surveillance Sys,Exterior Cameras

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

View More
Favorite Go Tour