245 Durham Rd - Restaurant FOR SALE


Ottsville, PA 18942
$875,000 USD
484-431-9019
245 Durham Rd, Ottsville, PA for Sale
$875,000 USD
Restaurant - FOR SALE
1/44
null | Request Cap Rate

245 Durham Rd
Ottsville, PA 18942


HIGHLIGHTS

  • Restaurant and Full Service Bar H Liquor License
  • Residential Rental Income from Apartments

OVERVIEW

Welcome to the Ottsville Inn! This charming and iconic establishment dates back to the early 1800’s and has been operating as an inn or bar/restaurant for the past 90+ years. Family-owned and operated by the current owners since 2006. This warm and inviting atmosphere provides a lovely dining room, a full-service ba with high top seating and outdoor dining on the covered front porch. The spacious parking lot provides approximately 33 parking spaces. There are two restrooms for patrons, a spacious kitchen and prep areas. The lower level provides a tremendous amount of storage. The 2nd and 3rd floors of the building include an office, additional storage and income producing residential rentals of approximately $38,000/annually. Low annual property taxes of $5,207. Great location! Located north of Doylestown, just a few minutes from Route 611 / Easton Rd. and nearby Routes 413, 113 and 563. This location attracts regular patrons from every direction, including NJ. As well as many visitors who are enjoying nearby Lake Nockamixon and Nockamixon State Park and the many other attractions that make beautiful Bucks County a desirable place to visit. Backup Generator powers the basement, 1st and 2nd floors. H Liquor License. All FFE included with the exception of the coffee machines, soda machines and juke box. Various uses permitted under VC zoning. This is a great opportunity for the next owner.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$236 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Ottsville Inn: Restaurant & Bar w/ Apartments

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Office/Residential, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1803

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

44VC

APN/PARCEL ID

44-004-005

ASK ABOUT THIS PROPERTY

Cary Simons NelsonKurfiss Sotheby's International RealtyMore Info
484-431-9019

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Cary Simons NelsonKurfiss Sotheby's International RealtyMore Info
484-431-9019

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.