Bar/ Commercial Property for Sale!

Atlantic City, NJ
Atlantic County

Prime AC University District


Asking Price: Annual Revenue:
$1,300,000 Not Disclosed

Commercial Real Estate: Retail & Shopping Centers


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RE: Bar/ Commercial Property for Sale! Broker: Eleanor Murray

Quick Facts

Asking Price: $1,300,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1973
Employees: Not Disclosed
BBN Listing #: 106617398
Broker Reference #: 1450

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Business Overview:

Commercial Building/Bar located in Prime AC University District. Near Stockton College. Same owner 48 years. 50-person capacity. Plenary retail consumption license #33 included in sale unless Buyer does not want. Permits alcoholic beverages sold for consumption on premises and sale of package goods for consumption off premises. Sale must take place in public bar room. 2 Street entrances. Two (2) - 2-bedroom 1 bathroom apartment on second floor. One (1) - 3-bedroom apartment on second floor. Each apartment has separate street entrance and are all currently vacant. 3 store fronts. One Barber shop rented for $900/month. One previously a Dollar Store is currently Vacant. Rent was set at $1,000 per month. One currently a storefront and warehouse. Warehouse approximately 4,900 Square Feet and is attached. Warehouse has an overhead garage door and access to rear street entrance. Rented currently at $1,600 per month on a month-to-month basis. Warehouse is outfitted with steel beams through the whole first floor for potential expansion. All stores approximately 690 Square Feet. Block 231 Lot 5. Bar plus 4 properties. 3909-3923. 3 apartments: One 3 bedroom apartment and Two 2 bedroom apartments. 3915 - Vacant Store front 40 x 12, + 5,000SF Warehouse($1600/month rent) 3919 - Bar. 3921 - Pool Room. 3913 - Dollar Store - $1,000/month rent. 3911 Wally Barber Shop $900/month rent.

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Property Features and Assets:

3909-3923. 3 apartments: One 3 bedroom apartment and Two 2 bedroom apartments. 3915 - Vacant Store front 40 x 12, + 5,000SF Warehouse($1600/month rent) 3919 - Bar. 3921 - Pool Room. 3913 - Dollar Store - $1,000/month rent. 3911 Wally Barber Shop $900/month rent.

Reason for Selling:

Retired.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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