LISTING ID # 36054


Prime Pub-Restaurant and Real Estate Opportunity
Major Price Reduction — Seller Ready to Retire

A rare opportunity is being offered to acquire an established 4,000-square-foot pub-restaurant together with the underlying real estate, located in an area currently undergoing a multi-million-dollar redevelopment and revitalization program. This offering combines immediate operating potential, income-producing real estate, and exceptional long-term redevelopment upside.

The purchase structure includes the business assets offered at $225,000 and the real estate offered at $2,215,000 through PMTG Realty. The business is priced primarily on asset value and real estate opportunity rather than historical performance. Gross sales for 2025 are approximately $1,300,000, with existing operations and goodwill representing additional upside for the next owner.

The 4,000-square-foot facility is fully equipped and includes a full commercial kitchen, all furniture, fixtures, and equipment, and a 1,200-square-foot outdoor patio. The property enjoys high visibility in a prime location and is positioned within an active redevelopment district. An additional income component includes a 2,800-square-foot residential apartment above the restaurant featuring three bedrooms and two bathrooms, offering either owner occupancy or rental income potential.

The property is zoned DC1, providing significant expansion potential subject to site plan approval, including the ability to build up to five stories. It is located within a municipal parking district with tax benefits and allows for a line-to-line footprint. There is potential to expand the first floor to approximately 10,000 square feet, creating a rare opportunity for a restaurant operator seeking ownership stability, an investor pursuing mixed-use income, or a developer targeting long-term appreciation. Purchasing now allows a buyer to capitalize before redevelopment pricing is fully realized.

No seller financing is available. Qualified buyers may obtain commercial mortgage financing. The estimated down payment for the building is approximately $440,000, and buyers should demonstrate approximately $700,000 in proof of funds.

This opportunity is ideal for a restaurant operator wanting to own the real estate, a hospitality group seeking expansion, a mixed-use investor, a developer pursuing future density opportunities, or a 1031 exchange buyer.

This is a confidential sale. All inquiries will be handled discreetly. Do not speak with staff or ownership when visiting. All showings are by scheduled appointment only.

For more information, contact the broker