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Off Market
1/13

109 US Highway 206
Stanhope, NJ 07874


OVERVIEW

Located on bustling Route 206 in Byram, NJ and uniquely situated on a sprawling one-acre lot with no neighbors nearby, Salt was the very first gastropub in NJ. Way ahead of the curve, they pioneered craft beer in the area, offering 80+ beers when they opened in 2008. Now they are experiencing renewed energy thanks to many new residents who have moved into the area. This is the perfect time for a new owner to step in. Featuring a lovely propane stone fireplace in the dining area, Salt is a hub for live music. They are renowned for their creative cuisine and signature cocktails. Gross sales over the past 6 years averaged $1.1M, and there is room for growth by adding lunches and on and off premises catering. This presents a fantastic opportunity for new blood to take Salt to the next level with another revenue source. This rustic, comfortable restaurant is 3260 sq. ft with a one bedroom apartment upstairs which recently underwent renovation. The roof is brand new and adding a rooftop deck would also be possible. The parking lot is located at a trailhead called The Salt Spur which is very rare and draws many mountain bikers, hikers and nature lovers who have become loyal patrons of Salt. This is a great chance to purchase a large private piece of property and a reputable business with a liquor license– Perfect for a chef owner/operator. Schedule your showing today to see all that Salt has to offer.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Salt Gastropub

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Fast Food, Freestanding

TOTAL BUILDING SIZE

3260

STORIES

2

YEAR BUILT

1980

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

04-00070-0000-00009