In October 2015 a tenant was obtained, but at the time was not being disclosed. Now we know the future of this commercial space and it’s not nearly as bright as we had hoped. Wendy’s fast food chain is expected to open a location here.
According to sources, a zoning application has been submitted for a Wendy’s restaurant with take-out and signage. This application is expected to be seen by the South Broad Street Neighborhood Association sometime in March.
The building has been vacant since Beneficial Bank’s move to Passyunk and Mifflin in the summer of 2012. The former bank building has 3,800 sq. ft. on the ground floor and a 1,500 sq. ft. mezzanine. With that much space, the possibilities were endless. The property was originally listed for $799,000 and eventually sold for $740,000 at the end of 2012.