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2154-72 Bridge Street

PHILADELPHIA, PA 19124
  • $4,850,000
  • STATUS: Active
  • ON SITE: 160 Days
  • ID#: PAPH2186434
$4,850,000
  • 0
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:

School Ratings & Info

Description

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. 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.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Paula Cashion | Keller Williams Central Delaware. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-05-29T23:50:10.357.
www.paulacashion.com/homes/135526223
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2154-72 Bridge Street PHILADELPHIA, PA 19124

  • Price: $4,850,000
  • Status: Active
  • On Site: 160 Days
  • ID#: PAPH2186434
0
Beds
0
Baths
0
½ Baths
0.51
Acres
1920
Built
Neighborhood:
19124 (19124)
County:
Philadelphia
Area:
19124 (19124)
School District:
The School District Of Philadelphia
Property Description
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. 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.
Exterior Features

Construction Materials Masonry Door Features Double Entry Garage YN No Location Type Free Standing Lot Features Additional Lot(S)CornerLevelRoad Frontage Parking Features PrivatePaved Parking Parking Types Parking LotDriveway Property Condition ExcellentVery Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 15327.00 Cooling Central A/C Flooring CarpetCeramic Tile Heating Forced Air Heating YN Yes Inclusions All Kitchen And Restaurant EquipmentLot At 2166-68 Granite (3360 Sq. Ft Lot)All inventory in BuildingLiquor License Net Square Feet 15235.00 Security Features Fire Detection SystemExterior CamerasElectric AlarmMain Entrance LockMonitoredMotion DetectorsSecurity SystemSmoke DetectorSprinkler System - IndoorSurveillance Sys

Property Features

Acceptable Financing CashConventionalSeller Financing Accessibility Features Grab Bars ModLevel Entry - MainLow Pile Carpeting Assessment Year 2023 Business Type Banquet Facility/LodgeRestaurant/Bar Central Air YN Yes Cooling Fuel Natural Gas Cross Street Harbison Electric 200+ Amp Service Heating Fuel Natural Gas Hot Water Electric Lease Considered YN Yes Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 802055314284 Ownership Interest Fee Simple Possession ImmediateNegotiable Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 15665.00 Tax Assessment Amount 1119100.00 Tax Lot 45 Vacation Rental YN No Water Source Public Year Built Effective 2022 Zoning Cmx2

Listing courtesy of Keller Williams Real Estate-Blue Bell: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Paula Cashion | Keller Williams Central Delaware. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-05-29T23:50:10.357.
 
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