Mixed use building with restaurant & bar-completely renovated!

Asking Price$859,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Mixed use building with restaurant & bar-completely renovated!


Asking Price$859,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Imagine walking into your own beautifully renovated restaurant and bar in the heart of Ogdensburg! This exceptional mixed-use property offers everything you've been looking for in a commercial real estate investment.

You'll be amazed by the transformation - the seller invested an impressive $600,000 in complete renovations, creating a stunning space that's move-in ready. The restaurant and bar operation generates strong revenue with 90% coming from liquor sales, indicating a well-established customer base and proven business model.

What makes this property even more attractive? Two comfortable apartments upstairs provide an additional $30,000 in annual rental income. That's reliable cash flow that helps offset your investment from day one.

Whether you're looking for a solid investment property or dreaming of owner-occupying your own restaurant space, this building offers incredible flexibility. The location in Ogdensburg provides access to both local residents and travelers, creating multiple revenue streams.

You'll appreciate that all the heavy lifting has been done - the renovations are complete, the income streams are established, and the property is ready for its next chapter. This is your chance to step into a turnkey opportunity where someone else has already invested significantly in creating something special.

The combination of hospitality business potential and residential rental income creates a unique investment that's hard to find. Don't miss this opportunity to own a piece of Ogdensburg's commercial landscape.
About the Business
Facilities & Assets
• Building Size: 1,760 SF Main Level + 2,600 SF Basement (±4,360 SF Total)
• Lot Size: 0.60 Acres
• Seating Capacity: 49
• Parking: 20 Spaces (1 Handicapped)
• Utilities: Natural Gas | City Water | Septic
• Fully Renovated in 2020 – $600,000 invested
• Liquor License Included (1916-32-004-006)
• Legal Closing Time: 2:00 AM
• ADA Accessible
• Security & Sprinkler Systems
• Gross Sales: ~$260,000
• Upstairs Income: ~$30,000
• Hours: 1 PM – 2 AM
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
other business interests
Listing Info
ID
2472676
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Business Listed by: Maureen Carlin NJ Restaurant Realtors

Listing ID: 2472676 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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