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Key Details
Sold Price $189,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NJCD2042278
Sold Date 10/04/23
Originating Board BRIGHT
Year Built 1986
Annual Tax Amount $13,352
Tax Year 2018
Lot Size 1.930 Acres
Acres 1.93
Property Description
This restaurant and bar was once a bustling hotspot, where locals and visitors alike would flock to enjoy delicious food and drinks in a lively atmosphere. The space has plenty of character and charm, with a large bar area, dining space, and even a stage for live music performances. Upstairs, there are several apartments that were once home to the restaurant's staff, making it a convenient living arrangement for those who work at the establishment.
While the restaurant and bar is currently closed and in need of renovations, the potential for it to thrive once again is undeniable. With the right vision and investment, the space could be transformed into a vibrant gathering spot, attracting a new generation of customers.
For anyone looking to get into the restaurant and bar business, this is an opportunity not to be missed. With a little bit of work and a lot of creativity, this space could once again become the go-to destination for great food, drinks, and entertainment in the area.
This property is located in Atco NJ
In addition to the space's potential for a vibrant restaurant and bar scene, there is also endless potential for banquets and catering events. With a large dining area and plenty of space for event setup, the possibilities for hosting weddings, corporate events, and other celebrations are endless. Additionally, with the ability to offer both sit-down and to-go meals, the restaurant could cater to a wide variety of customers, whether they're looking for a quick bite to eat or a leisurely dining experience.
The double lot on which the property sits provides ample space for parking, ensuring that parking would never be a problem. This makes the space an attractive option for large groups and events, as well as for the day-to-day traffic of the restaurant and bar.
Location
State NJ
County Camden
Area Waterford Twp (20435)
Zoning PHB
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Tile/Brick, Wood, Carpet
Heat Source Natural Gas
Exterior
Utilities Available Natural Gas Available, Electric Available, Phone, Cable TV Available
Water Access N
Street Surface US Highway/Interstate
Accessibility None
Road Frontage State
Garage N
Building
Sewer On Site Septic
Water Well
New Construction N
Schools
School District Waterford Township Public Schools
Others
Tax ID 35-04007-00004
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Non Member • Metropolitan Regional Information Systems, Inc.
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Bob Gauger
Broker Associate | License ID: 312506
Broker Associate License ID: 312506