Red Hot Corner in Old City | R-License

900 - 1,800 SF of Retail Space Available in Philadelphia, PA 19106

Date Added:
May 17, 2024
Days on Market:
28 days
Property Type
Retail, Restaurant

Listing Contacts

Billy Creagh
Billy Creagh
Verified Profile
  • Property Info

Property Overview

Rotten Ralph's is on a prime corner overlooking the new 11.5-acre park expansion connecting Old City to the Delaware River waterfront. This new park will stretch between Chestnut Street and Walnut Street. Rotten Ralph's Pub & Eatery is a popular establishment in the heart of Old City Philly. It offers a charming corner bar and dining experience. The establishment has a bar and tables on the first and second floors, making it suitable for various purposes, including a night out or a casual dining experience.
This popular establishment is known for its New American cuisine and new-fashioned cocktails. It operates from 12 PM to 2 AM daily, with extended Saturday hours starting at 11 AM. Rotten Ralph's remains a notable spot in Philadelphia for a night out or a casual dining experience. They offer pints, over 21 beers on draft, and 12 flat-screen televisions for sports watching. Rotten Ralph's operates from 12 PM to 2 AM daily, with extended Saturday hours starting at 11 AM. Rotten Ralph's Pub & Eatery remains a notable spot in Philadelphia for a night out or a casual dining experience.
Increased Foot Traffic: The park will attract more visitors, increasing foot traffic and visibility for local businesses. This can lead to more of an economic boost, creating higher sales for shops, restaurants, and other nearby businesses.
Tourism and Hospitality: The new park can become a local attraction, drawing tourists. This can benefit hospitality businesses, such as hotels, restaurants, and bars.
This a golden opportunity to lease an established bar/ restaurant in a growing neighborhood. The current owner is considering a roof deck on the existing location:
• Established Bar/ Restaurant
• CMX-3 Zoning
• Development Rights
• Five new 100+ unit residential buildings nearby
• Blocks from the Durst Organization’s $2.2 billion dollar Penn’s Landing Re-development project
• 2 Stories -1,878 sq ft
• 19 Ft of frontage on Chestnut Streets
• R-Liquor License
• Serves Tourists and Local Patrons
Prime restaurant space on the corner of Chestnut Street and 2nd Streets in Old City
Key Money Required*

Property Details

Year Built
1900

Highlights

  • Red Hot Corner!!
  • Facing the 11.5-acre park expansion connecting Old City to the Delaware River waterfront ( $2.2 billion dollar Penn’s Landing Development Project)
  • Five new 100+ unit residential buildings nearby abd growing!
  • ail Spaces are being absorbed along this corridor- Take advantage of this!

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