101 S State Street

    NEWTOWN, PA 18940
    • $90,000
    • STATUS: Active
    • ON SITE: 252 days
    • ID#: PABU480086
    UPDATED: 46 min ago
    $90,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    School District:

    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.

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-05-24T20:49:20.96.
    www.colganrealestate.com/homes/98973549

    101 S State Street NEWTOWN, PA 18940

    • Price: $90,000
    • Status: Active
    • Updated: 46 min ago
    • ID#: PABU480086
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Newtown Boro (10128)
    County:
    Bucks
    Area:
    Newtown Boro (10128)
    School District:
    Council Rock
    Property 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.
    Exterior Features

    Construction Materials Stone Garage YN No Location Type Corner Lot/Unit Lot Features ClearedLevelNot In DevelopmentRear Yard Parking Types None Property Condition GoodVery Good Riparian Rights YN No Road Responsibility Boro/Township Roof SlateShingle View Street Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 4400.00 Building Features BasementKitchenRefrigerator(S)Signage Allowed Cooling Central A/C Flooring Hardwood Heating CentralForced Air Heating YN Yes Inclusions All FurnitureFixtures And Equipment Leasable Area 4400

    Property Features

    Acceptable Financing Cash Accessibility Features Level Entry - Main Assessment Year 2020 Association YN No Building Name None Available Business Name Thyme Restaurant Business Type Restaurant/Bar Central Air YN Yes Cooling Fuel Electric Cross Street Centre Current Use Restaurant Electric 200+ Amp Service Elevators 0 Foundation Details Stone Heating Fuel Natural Gas Historic YN Yes Hot Water ElectricNatural Gas Incorporated City Name Newtown Boro Lease Considered YN Yes Navigable Water YN N New Construction YN No Number Of Units Leased 1 Number Of Units Vacant 0 Original MLSNumber 302047554696 Owner Pays Services (All) Ownership Interest Leasehold Possession Immediate Property Sub Type Retail Purchase Optional YN Yes Sale Type Standard Sewer Public Sewer Tax Annual Amount 9628.00 Tax Assessment Amount 58000.00 Tax Lot 042 Utilities Cable TvAbove GroundPhone Vacation Rental YN No Water Source Public Zoning Vc Zoning Description Village Commercial

    Listing courtesy of M Riccardi Agency, Inc.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-05-24T20:49:20.96.
     
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