Donovan Realty and Development
Listed by Donovan Realty and Development
$1,700,000
Patrick’s Pub & Restaurant
Details
Property Type Retail, Office
Sub Type Restaurant, Bar
Square Footage 5,800
Acreage 0.419 - 0.634
Zoning 4A – commercial
Parking Spaces 75 spaces
Parking per 1,000 SqFt 12.93
Retail | 5,800 SqFt
Marketing description
A long-standing restaurant & bar, Patrick’s Pub has been running successfully since 2014. At that time the owners did a $300,000 renovation and have been doing ongoing improvements since. Adding an additional property for extra parking several years ago and a new, highly improved septic system. This 100% used building has a huge occupancy and outdoor spaces for waterfront dining, private events and everyday lunch and dinner service. Summertime could use brunch too!! Also, outdoor entertainment is allowed for those wanting to pull up their boats, relax, swim and cocktail.
This is a very unique opportunity on New Jersey’s largest most popular lake. Priced to move in time for the summer. Won’t last the winter!!
Asking price only disclosed with proof of financial ability to purchase or finance.
Investment highlights
- Building size: Main floor: 2,900+/- sf – dining, large bar, kitchen, bathrooms, PLUS waterfront deck
- Lower level: 2,900 +/- sf – party room, bar, outdoor patio dining, office, storage
- Capacity: 280+/- PLUS 2 outdoor waterfront spaces
- Parking: 75+/- on 2 lots
- Boat slips: 13 new spaces for Dock & Dine (or seasonal rentals)
- Utilities: City water, new septic, propane gas for cooking, oil heat
- Liquor License: Yes – “C” #1912-33-003
- Security system: Yes
- Seller Financing: With 40% down payment, sellers offering 1st mortgage financing to qualified buyers – 7% interest, 20 year amortization, 5 year term.
Listing Contacts
Donovan Realty and Development
Listed by Donovan Realty and Development
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