Property Description

Restaurant with prime frontage on busy Rt. 1. Fully equipped kitchen and tavern utilities with new POS system. All furniture, fixtures and equipment included in the sale. There is seating for about 70 patrons, restrooms and on site parking for about 20 cars. It is turn key, as current owner has done repairs and refurbishment on the roof and floors, roof A/C system is less than 4 years old and there is a handicapped access ramp to the building. Vacant now, but owner may begin operations again.This is an area that has been prioritized for both commercial, residential and mixed use development by the city and include a multi tenant retail plaza at 2501 S. Ridgewood, proposed riverfront residences with boat slips, and a zoning change to planned commercial development at 1745-1773 S. Ridgewood. Major infrastructure improvements have also been approved by the city. This is a great opportunity to acquire a turn key building for an attractive price and take advantage of the growth to come