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538 N BROADWAY, Deepwater, New Jersey

$289,900Active

538 N BROADWAY, Deepwater, New Jersey 08069
River Beach Realty Inc - MLS® ID: 7008276

Property Details

538 N BROADWAY, Deepwater, New Jersey 08069 - Former Travaglini Italian Restaurant located in the Deepwater section of Pennsville. Restaurant seats 70 in main dining room, 15 at the bar area and 60 in 2nd floor banquet room. Sale includes the restaurant building, a 2 story duplex building, and a vacant (parking) lot located across the street for overflow parking. All existing equipment remain with the sale including a walk in refrigerator. There are 2 rest rooms on each floor and the first floor is ADA compliant. The duplex grosses 1,475 per month with 2 very long term tenants. Also included is an overflow parking lot located across the street. The 2nd floor was completely renovated in 2001 into a banquet facility with all new electric. The Travaglini name can stay with the building, if desired. The owner will consider doing a lease purchase of the building. The building could also be used as an office building, retail business, veterans home, etc. The building would be a great place for a sports bar!! There is a class C liquor license for sale in Pennsville Township that could make the restaurant into a full service business. The owner will consider giving the Travaglini spaghetti sauce recipe to the new owner. Great opportunity at a great price.

Amenities

  • Zip08069
  • Countysalem
  • SQFT4104
  • StatusActive
  • Purchase TypeActive
  • Property typeCommercial
  • Zoning type04
  • School districtPennsville Twp
  • Year built1937
  • Lot size0.26
  • SewerPublic Sewer
  • Tax amount$13,625.00
  • Tax year2016
  • Office IDGRBR01
  • Agent IDGWRIGHDA
  • Agent nameDavid Wright
  • MLS® ID7008276

Broker: River Beach Realty Inc

Listing Courtesy of River Beach Realty Inc

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