Property
Ownership: | Commercial |
---|---|
Type: | Commercial |
Area: | 5333 sq ft |
FinancialsPrice:$1,895,000Annual Taxes:$7,179
DescriptionBoth the business and the building are for sale, either together or separately. The building is fully outfitted and has been functioning as a restaurant / bar since 1988, with the current configuration and renovation having been completed and in place since 2008. The building contains a fully outfitted kitchen with all the equipment needed and necessary to operate a restaurant / bar. The current business will lease-back on a long-term basis the building at a 6% cap rate. The building is 5,333 square feet and is for sale at $1,865,000 (which is $350 per square foot fully outfitted). The business is also for sale and has been in place since 2008 operating as a sport's bar and restaurant with a loyal customer base, with entertainment and a dance floor. Full kitchen with fire suppression, grills, deep fryers, walk-in coolers, etc. allows for high volume operation and catering. The business alone, with a long-term 15-year lease (with 3 5ive-year rollover options) is for sale at $495,000. Both the business and the real estate can be purchased together for $2,360,000.Amenities- Central Air
- Elementary School -
- High School -
- Intermediate School -
- Central Air
- Elementary School -
- High School -
- Intermediate School -
Both the business and the building are for sale, either together or separately.
DescriptionBoth the business and the building are for sale, either together or separately. The building is fully outfitted and has been functioning as a restaurant / bar since 1988, with the current configuration and renovation having been completed and in place since 2008. The building contains a fully outfitted kitchen with all the equipment needed and necessary to operate a restaurant / bar. The current business will lease-back on a long-term basis the building at a 6% cap rate. The building is 5,333 square feet and is for sale at $1,865,000 (which is $350 per square foot fully outfitted). The business is also for sale and has been in place since 2008 operating as a sport's bar and restaurant with a loyal customer base, with entertainment and a dance floor. Full kitchen with fire suppression, grills, deep fryers, walk-in coolers, etc. allows for high volume operation and catering. The business alone, with a long-term 15-year lease (with 3 5ive-year rollover options) is for sale at $495,000. Both the business and the real estate can be purchased together for $2,360,000.Amenities- Central Air
- Elementary School -
- High School -
- Intermediate School -
- Central Air
- Elementary School -
- High School -
- Intermediate School -

The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.