Active

2154-72 Bridge St

Philadelphia PA, 19124

$3,999,999


$260.98 per sqft

Active

15,327 sqft

Commercial

Built in 1920

Rare opportunity to own a spectacular 600 + seat restaurant / nightclub. Purchase price includes liquor license, all restaurant furniture, fixtures and equipment. Conveniently located at the Bridge St exit of the route 95 expressway and only 10 minutes away from downtown Philly, this 15, 213 sq.ft. commercial property is one of the Philadelphia's most luxurious restaurant / bars. The Chateau was a long standing business, which started 57 years ago and has been a family run organization since. Throughout the middle of the 19th century, the building served as the Erie social club- bringing acts such as The Rat Pack and Tony Bennet to Philadelphia audiences. It then became Cozy Morely's Erie Social before becoming the Chateau as people have known it over the years. Its new owners have upgraded the building and coined it 'The Billionaire Club'. There are two ballrooms / dining rooms, each elegantly draped and complete with a dining area, a buffet area, and dance floor. The building also has 2 on premise, equipped commercial kitchen areas, allowing for a variety of different business opportunities for potential buyers. The main entrance off Tulip St. leads to a hostess stand and cocktail lounge with full bar. The dining hall boasts some of the city's most unique furniture and wall art - all custom designed by the current owner. The DJ booth and dance floor provide for an evening cocktail lounge / dance club setting. There is access to a service area here as well for staff to communicate with the kitchen and a bus area for dishware. In this area you will also find the centrally located and beautifully designed bathrooms. Behind the service area is a full commercially equipped kitchen with staff access to both the dining area and ballroom. Continuing through the cocktail lounge, you will find the ballroom with stage. The ballroom is in the process of renovation including imported, European white tile floors (large slab), raising the ceiling, and 3 new Commercial HVAC units. Behind the main stage is the entertainment equipment control room. There is also a large storage room here for laundry, dry storage, and liquor. The second entrance off the small side parking lot at the corner of Bridge and Tulip leads to the business offices to the right. Above the office area, there is a staircase leading to a 1 bedroom/1 bath living area complete with living room/kitchen area and an office. On the opposite side of the building and upstairs, you will find a private lounge for your exclusive VIP guests complete with full bar area. There are 2 available parking lots, one at either side of the building, and an additional lot included at 2166-68 Granite which is 3360 sqft. This property has fantastic potential for its next owner. Be sure to contact today for more information! Additional information on upgrades is located in the attachments to the listing.

PAPH2186434

MLS ID

December 20, 2022

Listed

December 7, 2024

Updated

Map

2154-72 Bridge St
Philadelphia PA, 19124

Interior Features

Interior Features

Carpet, Ceramic Tile


Appliances

Electric Water Heater


Floor Description

Carpet, Ceramic Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.51 Acres


Lot Features

Corner Lot


Sewer

Public Sewer

Other Property Details

Area Name

PHILADELPHIA


Taxes

$15,665


Tax Frequency

Annually


Days on Market

719


Garage

No


Parking Total

40


View

No


County

PHILADELPHIA


Water Source

Public


Pool

No

Listing History

Date

Event

Price

10/16/2024

Price change

$3,999,999

-18%

Listed by Keller Williams Real Estate-Blue Bell
Listing Contact: 2676257568 

The IDX display contains information sourced from the Bright MLS, Inc. as of 12/7/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 12/7/2024 at 9:09 PM UTC

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