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Off Market
1/45

111 Main St
Chester, NJ 07930


HIGHLIGHTS

  • Established business and hotel
  • Recently renovated
  • Located in Downtown Chester

OVERVIEW

The PH Tavern & Steakhouse & Publick House Hotel business and property are for sale. Can be purchased separate or together. Recently completely renovated, the subject property is described as a 2.42+/- acre corner site improved with a one and three-story historic mixed-use commercial building containing a gross above grade building area of 20,000+/- square feet. The building contains a +/-125-seat restaurant, banquet facilities for up to 80 seats, and a 10-suite boutique hotel. Historic Building with original structure dating back almost 200 years. Significantly renovated/expanded since that time; most recently in 2006/2007 and 2022. Building size is 20,000+/- Square Feet of Gross Building Area excluding the basement. The first floor restaurant contains 8,800+/- square feet; the second floor contains 6,000+/- square feet; and the third floor contains 5,500 square feet. Restaurant & Banquet (8,500 Sq. Ft.); Hotel (11,500 Sq. Ft.). Parking is for 100 cars. Foundation: Fieldstone, brick and masonry block Framing: Wood frame Structure Floors: Woof and tile covering over wood subfloors with tile in kitchen and restrooms. Exterior Walls: Brick fascia and vinyl siding Roof: The roof is a gable designed structure with composite roof shingles. Flat roof over one-story sections. Doors: The main entry doors are metal framed with encased glass. Fenestration: The fixed and double hung units set in aluminum frames. HVAC: Multiple zone heating and cooling package. Individual hotel room climate control. Plumbing: Public water service and sewer is provided. There are two common lavatories located in the restaurant. Upper levels facilities are comprised of a full bathroom in each room with tub shower.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

PH Tavern & Steakhouse & Publick House Hotel

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

20000

STORIES

3

YEAR BUILT

1895

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

-

LAND SF

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ZONING

-

APN/PARCEL ID

06-00107-0000-00017