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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.

Attachments

Flyer_2213_PR

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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-00118-0000-00020
Land Assessment
£155,708
Improvements Assessment
£783,232
Total Assessment
£938,940
  • Listing ID: 32821896

  • Date on Market: 15/08/2024

  • Last Updated:

  • Address: 219 High St, Burlington City, NJ 08016

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