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Home For Sale

Picture of Home For Sale in Philadelphia, Pennsylvania, United States

$2,800,000

1402 W OXFORD STREET
Philadelphia, Pennsylvania, United States

0 acres

Listed By: Homes & Land Magazine

Listed On: 12/09/2024

Listing ID: GL11997267 View More Details

Description

For over four decades, this iconic three-story property has stood as a proud beacon of Philadelphia#039;s jazz and Ramp;B history. Located near Temple University in the heart of North Philadelphia, this black-owned bar and restaurant has welcomed legendary musicians such as John Coltrane, Billy Paul, Bootsie Barnes, Boyz II Men, and Patti LaBelle and the Bluebelles, solidifying its place as a cherished cultural landmark. Now, this rare opportunity allows you to own a piece of that rich musical heritage, while also tapping into the immense potential of a rapidly changing commerical corridor surrounding Temple University. The propertyrsquo;s main floor is a welcoming front bar with a full kitchen, complemented by a rear bar and entertainment space complete with a stage and additional kitchen facilities. Multiple bathrooms ensure convenience for guests. On the second floor, the vibe continues with another vibrant bar and entertainment area, a kitchen, and two bathrooms, perfect for hosting private events or expanding the dining experience. The third floor offers an expansive entertainment space with an outdoor patio thatrsquo;s perfect for summer events, casual gatherings, or unique celebrations. Beneath the venue, the full basement provides ample storage to support the busy operations of this bustling venue. Positioned across from a movie theater and amidst newly developed high-rise apartments, this CMX-2 zoned lot is 4,800 square feet and benefits from a prime location in a rapidly evolving area. Its proximity to Temple University makes it a prime spot for both locals and visitors, while the surrounding development only increases its long-term potential. Whether you choose to continue the legacy of this historic venue or reimagine it for the future, the possibilities here are endless. This property represents more than just a business opportunitymdash;itrsquo;s a chance to be part of North Philadelphiarsquo;s storied musical legacy and contribute to the vibrant future of this flourishing community.
Source: The World Property Journal

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