Lucha Cartel restaurant property sale in Old City
Restaurant sale | 205–207 Chestnut Street, Philadelphia | Old City
TRANSACTION
Restaurant Sale
REPRESENTATION
Both
SPACE
2,419 SF
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The assignment
The owners offered the 2,419-square-foot Lucha Cartel restaurant property at 205–207 Chestnut Street for acquisition. Located in Philadelphia’s Old City neighborhood, the assignment involved the sale of the restaurant real estate, with Billy Creagh representing the sellers.
Billy's role
Billy Creagh of National Realty Commercial also represented the buyers, handling both sides of the Lucha Cartel property transaction. His role as a Philadelphia restaurant broker covered buyer and seller representation for the Old City restaurant real estate sale.
The outcome
The property sold for $1.4 million to former restaurant coworkers who purchased the building together. The completed Old City sale reflects Billy’s experience working with both buyers and sellers in Philadelphia restaurant property acquisitions and sales.
Supporting coverage
Deal at a glance
LOCATION
205–207 Chestnut Street, Philadelphia, PA 19106
PROPERTY TYPE
Restaurant / retail
SALE PRICE
$1.4M
BROKER
Billy Creagh
Planning your next restaurant move?
Contact Billy Creagh of National Realty Commercial to discuss selling, buying or leasing restaurant property in Philadelphia.