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EXECUTIVE SUMMARY
Turnkey Bar and event venue with income generating apartments! Don't miss this incredible opportunity to own and operate a successful bar and event venue with built-in rental income! This well-established property offers a spacious fully equipped bar and lounge area plus a beautiful outdoor dining and entertainment space perfect for weddings parties benefits and community gatherings, upstairs you'll find 3 rentals for even more earning potential. Over the past five years the property has seen numerous updates including redesigned commercial kitchen approximately 5 years old with modern equipment, deck improvements and updated lighting for the outdoor area 48 new barstools and updated furnishings along with many more improvements. A survey from 2006 is available and financial records can be provided to qualified buyers. This is a rare chance to own a turnkey business with multiple income streams and a loyal following ready for its next owner to take it to the next level.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,312 SF
Building Class
C
Year Built
1920
Price
$389,900
Price Per SF
$46.91
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.43
Lot Size
0.45 AC
Frontage
150’ on River Street
AMENITIES
- Restaurant
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $217,300 | |
| Land Assessment | $43,500 | Total Assessment | $260,800 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$43,500
Improvements Assessment
$217,300
Total Assessment
$260,800
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68 River St
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