2154-72 BRIDGE STREETPHILADELPHIA, PA 19124

Commercial · 15,327 Sq. ft. | 0.51 Acres
$3,500,000 ACTIVE

2154-72 BRIDGE STREET Overview

Time on Site:
1271 days
Visits:
73

Rare opportunity to own a spectacular 600 + seat versatile property that serves many uses including 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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

2154-72 BRIDGE STREET Facts & Features

  • Type Commercial
  • Sq. ft. 15,327
  • Price/Sq.ft. $228
  • Lot 0.51 Acres

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • Building Name: CHATEAU
  • New Construction: No
  • Year Built: 1920

Business Information

  • Business Type: Banquet Facility/Lodge,Restaurant/Bar,Flex,Other/General Retail,Professional,Storage,Other,Big Box Retail

Location/Region

  • Country: US
  • County: PHILADELPHIA
  • County Or Parish: PHILADELPHIA
  • MLS Area Major: 19124 (19124)

Parking Information

  • Total Parking Spaces: 40
  • Type of Parking: Parking Lot,Driveway

Rent/Lease Information

  • Lease Considered: Yes

Tax Information

  • City/Town Tax: 7069.00
  • City/Town Tax Payment Frequency: Annually
  • School Tax: 8595.00
  • Tax Annual Amount: $15,665.00
  • Tax Assessed Value: 1119100.00
  • Tax Year: 2023

General Information

  • Inclusions: All kitchen and restaurant equipment, lot at 2166-68 Granite (3360 sq. ft lot), all inventory in building, Liquor license
  • Property Condition: Excellent,Very Good
  • Property Sub Type: Retail
  • Property Type: Commercial Sale
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2023
  • Zoning: CMX2

Interior

Building Information

  • Cooling Fuel: Natural Gas
  • Heating Fuel: Natural Gas
  • Total Drive In Doors: 1

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Estimated
  • Building Area Total: 15327.00
  • Central Air: Yes
  • Hot Water: Electric

General Information

  • Accessibility Features: Grab Bars Mod,Level Entry - Main,Low Pile Carpeting
  • Cooling: Central A/C
  • Door Features: Double Entry
  • Electric: 200+ Amp Service
  • Flooring: Carpet, Ceramic Tile
  • Security Features: Fire Detection System,Exterior Cameras,Electric Alarm,Main Entrance Lock,Monitored,Motion Detectors,Security System,Smoke Detector,Sprinkler System - Indoor,Surveillance Sys

Exterior

Building Information

  • Total Loading Docks: 0

Parking Information

  • Parking Features: Private, Paved Parking

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Features: Additional Lot(s), Corner, Level, Road Frontage
  • Lot Size Acres: 0.51
  • Lot Size Dimensions: 93.00 x 129.00
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 22215.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Masonry

General Information

  • Number Of Units Total: 0
  • Sewer: Public Sewer
  • Water Access: No

2154-72 BRIDGE STREET Neighborhood

Community

19124 (PHILADELPHIA) Demographics

32
Median Age
14,636
Population Density (per sq. mile)
20%
College Educated
$36,884
Estimated Median Income
13,535
Estimated Total Home Owners
9,302
Estimated Total Renters
59% / 41%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

2154-72 BRIDGE STREET Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2154-72 BRIDGE STREET Market Data

Based on the last 30 days in this zip code

$198,457
Average List Price
$147
Average Price per Square Foot
34
Properties Sold
112
Average Days on Market
195
Properties for Sale
Calculations provided by Reliance Network

2154-72 BRIDGE STREET History

Date Event Value Agent
7/12/2025Source: BRIGHT MLS Price Reduction
$3,500,000 -12.5%
12/3/2024Source: BRIGHT MLS Added to Database
August 10, 2021
12/3/2024Source: BRIGHT MLS Price Reduction
$3,999,999 -17.5%
12/3/2024Source: BRIGHT MLS Added to Database
January 06, 2023
Listing provided courtesy of Keller Williams Real Estate-Blue Bell- MLS# PAPH2186434MLS ProviderContact Information: 2156462900