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Old City's Tin Angel and Serrano are up for sale

Owner Donal McCoy says he wants to move on.

Donal McCoy has listed 20 S. Second St. in Old City - which for more than two decades has been the home of Serrano restaurant and its upstairs club, the Tin Angel.

With two new business opportunities that he wants to pursue, McCoy says it's time for him for move on, nearly 10 years after he bought the building and businesses from founders Rich Machlin and Jude Erwin.

"Serrano has run its course," he said of the quaint dining room, which opened in 1985. "It needs to be rebranded."

He said he had no plans to close either business before a sale.

Tin Angel, which opened in 1992, is an intimate destination for acoustic acts.

McCoy, a bartender and manager who had worked nearby at Plough & the Stars before opening Eulogy, said he was asking $1.75 million for the bricks, liquor license, and the whole operation but would be amenable to a leasing arrangement.

"Ideally, I'd like the Tin Angel to remain the Tin Angel," McCoy said.

"With High Street [on Market] and Fork, Old City is going back in the right direction," Veronica Blum of MPN Realty, who has the listing.