Restaurant & Bar With Real Estate & Rental Offices For Sale

Business description

Located right in the middle of the Pacific Fly Way this is a Duck Hunters Paradise. This is a full service restaurant with type 47 Hard Liquor License included. Currently the business is employee run and needs a hand on approach to be successful. Above the restaurant are eleven professional offices, a conference room w/kitchenette, reception area and restrooms with showers. These offices are in excellent condition and wired for DSL. Currently five of the offices are rented. Total potential rents for just the offices are $4858.55 month. If you’re looking for an investment you could resale the business, put some cash back in your pocket and lease back the restaurant/bar. The restaurant/bar should lease for approx. $3000 a month plus NNN. Based on $3000 month for the restaurant and $4858.55 a month for the offices, the building is now worth $1,047,806. based on full occupancy and a 9% Cap Rate. Each floor is approx. 4000 Sq Ft with separate entrances for the offices and restaurant. The restaurant also has an outside patio with heaters and a covered patio area. The potential here is huge! There is also an outside service bar for busy nights and special events. The bar is separated from the two dining rooms by the fully equipped kitchen. The bar has a small stage with a sound system, stage lighting, karaoke, pool, Juke Box and even a Disco Ball. There are two wells at this horseshoe shaped bar. The bar/lounge alone seats about 45 people and has its own small walk-in refer. There are two dining rooms, one seats 28 and the other seats 32 people. This is a great investment for an owner operator with huge rental potential from the upstairs offices.

Property information

Real Estate:

Real Property Included

Location:

Located right in the middle of the Pacific Fly Way

Other information

Trading hours:

11-2 Lunch, 5-9 Dinner Daily