$90,000

101 S State St

NEWTOWN PA, 18940

Description

BUSINESS ASSET SALE ONLY - Long Standing and Well known, Popular Restaurant with Liquor License. 4400 Sq. ft building plus outdoor seating. Recently underwent substantial improvements. Includes inventory at asking price. Large outside patio. Long term Lease available. Lease cost is $9500/month NNN for real estate. Liquor License can be purchased for $425K or financed at $1400/month. Much more potential upside. Should be an experienced operator. Price Just Reduced. This reduction is an amazing steal at this price. Real Estate and liquor license is available for sale at an asking price of $1.95million with approved 1600 sf expansion plan.. Seller will consider lease-purchase with $50,000 deposit. Terms are negotiable.

Details

MLS#PABU480086
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year0
Days On Site167

Features

Story(s)0
ZoningVC

Loading Form

Loading Form

Area Information

StatePA
CityNEWTOWN
Zip Code18940
AreaNewtown Boro (10128)
Listing VS Median (in 18940)
Price:
$90,000
low | high
Med:
$787,500
100% of Average
On Site:
167
low | high
Med:
203
82.266009852217% of Average
Listing Updated: 02/27/2020
MLS Number: PABU480086
Listing Provided By:
Michael E Riccardi  of  M Riccardi Agency Inc
Real Estate Links Our Domains