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Off Market
1/26

3505 Route 9 S
Rio Grande, NJ 08242


HIGHLIGHTS

  • Extremely busy intersection location
  • Located right by the development shopping mall
  • Only restaurant for miles with a liquor license

OVERVIEW

Successful turn-key, year-round Restaurant/Bar, in operation for 35 years, "The Rio Station", with approximately 199 indoor and 70 outdoor seats, in the heart of the busiest commercial district in Cape May County w/ over 150 parking spaces! Included in the sale: the business, equipment, fixtures, Class-C liquor license, land PLUS an extra huge vacant .94-acre lot to the North and next to the subject property. The total of both parcels measures approximately 1.29 Acres. This is the only restaurant in the vicinity with a liquor license! So many ways to monetize this existing business and location. Use your imagination! Increase the size of the liquor store? Sell Lottery tickets? Add live entertainment, wing night, karaoke, trivia, build up on the restaurant up to 35’, sell off the vacant lot or build it out or rent it out and make income! The possibilities are endless! **See associated docs for survey (note an easement between the lots), permissible uses as per Middle Township Zoning and confidentiality agreement for financials. Owner’s personal wine collection not included.**

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Rio Station Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

8000

STORIES

1

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

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LAND SF

-

ZONING

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APN/PARCEL ID

06-01464-01-00009