The property's two 19th-century townhouses at Locust and S. Carmac streets are the former location of the Princeton-Yale Club of Philadelphia and are listed on the national register of historic sites. Chef Fritz, as he is called, has operated the restaurant for 27 years. It will close on June 8.

Dining takes place in several separate dining rooms, including a chef's library and study, each with a fireplace. Cullen tells GlobeSt.com they aggregate 11,472 sf. In addition to the buildings, the sale includes all kitchen and restaurant equipment, the liquor and wine inventory, liquor license and rights to the restaurant's name. Cullen says he is marketing the restaurant locally, regionally and nationally.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.