219 High St
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219 High St
10,332 SF Retail Building Burlington City, NJ 08016 £978,063 (£95/SF)
Investment Highlights
- ASSET SALE ONLY
- COMPLETELY REMODELED
- ALL REASONABLE OFFERS CONSIDERED
- REAL ESTATE, LIQUOR LICENSE & EQUIPMENT
- LOCATED WITHIN OPPORTUNITY ZONE
Executive Summary
This multi-level restaurant & bar is located in the heart of the beautiful, Burlington County Opportunity Zone overlooking the Delaware Riverfront. Designed as a casual, yet intimate setting providing high quality, freshly made seasonal American Classics. The spacious building can also accommodate events of all sizes - parties, weddings, business affairs. A top-to-bottom renovation was done in 2016 at a cost of $1M+.
The 10,000 square foot space was converted into two dining rooms with bars - upstairs and down, a sunroom, lounge, meeting room, office and outdoor courtyard. A full basement and totally renovated kitchen with all new equipment rounds out the makeover. Forward thinking, the owners completed the project by replacing all mechanicals and plumbing; installing a new POS system: security cameras and alarms inside & out; a complete water filtration system; a dumbwaiter; upgraded IT with ethernet powered Wifi.
The owner has decided to pursue a different career path creating the opportunity for an experienced group to take this restaurant to unforeseen heights.
The 10,000 square foot space was converted into two dining rooms with bars - upstairs and down, a sunroom, lounge, meeting room, office and outdoor courtyard. A full basement and totally renovated kitchen with all new equipment rounds out the makeover. Forward thinking, the owners completed the project by replacing all mechanicals and plumbing; installing a new POS system: security cameras and alarms inside & out; a complete water filtration system; a dumbwaiter; upgraded IT with ethernet powered Wifi.
The owner has decided to pursue a different career path creating the opportunity for an experienced group to take this restaurant to unforeseen heights.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,332 SF
Building Class
B
Year Built
1790
Price
£978,063
Price Per SF
£95
Tenancy
Single
Number of Floors
2
Building FAR
0.47
Land Acres
0.50 AC
Opportunity Zone
Yes
Frontage
57 ft on High St
Walk Score ®
Very Walkable (81)
PROPERTY TAXES
Parcel Number | 05-00118-0000-00020 | Improvements Assessment | £783,232 |
Land Assessment | £155,708 | Total Assessment | £938,940 |
PROPERTY TAXES
Parcel Number
05-00118-0000-00020
Land Assessment
£155,708
Improvements Assessment
£783,232
Total Assessment
£938,940
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219 High St
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