$2,800,000

1402 W OXFORD STREET, Philadelphia, PA 19121

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

For over four decades, this iconic three-story property has stood as a proud beacon of Philadelphia's jazz and R&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 property’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 that’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 opportunity—it’s a chance to be part of North Philadelphia’s storied musical legacy and contribute to the vibrant future of this flourishing community.

Listing Status:
Active
Date Added:
November 14, 2024 at 06:00AM
Listing Office:
Compass Pennsylvania, LLC : 2674358015
Listing Agent:
Terry Upshur : 2155306929
MLS ID:
PAPH2417854
  • A/C: Central A/C
  • Heating: Y90% Forced AirNatural Gas
  • Disability Feature: None

This listing courtesy of Terry Upshur, Compass Pennsylvania, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dunbar Academics Plus School

1750 N 12th St, Philadelphia, PA, 19122

Grades KG-8

0.28 miles away

D

Dunbar Academics Plus School

1750 N 12th St, Philadelphia, PA, 19122

Grades KG-8

0.28 miles away

C

Carver High School

1600 W Norris St, Philadelphia, PA, 19121

Grades 7-12

0.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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