2601 Milford Rd - Bar FOR SALE


East Stroudsburg, PA 18301
$975,000 USD
570-801-6170
2601 Milford Rd, East Stroudsburg, PA for Sale
$975,000 USD
Bar - FOR SALE
1/24
null | Request Cap Rate

2601 Milford Rd
East Stroudsburg, PA 18301


HIGHLIGHTS

  • Well Established Pub w/ Monroe County 'R' Liquor License
  • Indoor & Outdoor Seating
  • Additional Rental Rental Income $2,000/mo
  • Strong Income from Pub/Restaurant Operations
  • Streamfront on the beautiful Marshall's Creek.

OVERVIEW

Incredible opportunity to purchase an iconic Pub/Restaurant with a strong history and a full 'R' liquor license. Located in the Pocono Mountains, only 75 miles from New York City, and prominently situated at a busy traffic light-controlled intersection. The pub, named '1836 Saloon & Grille', was built out in a former General Store with a great historic look & feel, a full kitchen, large bar area, indoor and outdoor seating, stages for live music, and onsite parking. Owners have updated and upgraded the building and equipment over the past few years. Streamside on the beautiful Marshall's Creek, this well-established location is a destination for both locals and tourists to enjoy good food, good drinks, and live music. Currently offering American classic cuisine, 16 beers on tap among other adult beverages, and a live band every weekend, this operation has a steady business, but also, opportunity to grow. Sale includes: Real estate, Furniture, Fixtures, and Equipment (FF&E), Liquor License, and Name (if desired). Owner willing to help with a seamless transition. Recent updates and upgrades include: New roof 2019, Outdoor seating and bar (with taps) 2022, new HVAC 2022, New 16 tap draft system, New walk-in freezer 2022, New dishwasher. Kitchen and Bar feature: 16 tap draft system, pizza oven, 2 deep fryers, 2 hoods with Ansul systems, 6 burner stove, griddle cook top, walk-in fridge, walk-in freezer, 3 door fridge, 1 door freezer, dishwashing station, and more. The property also features a 2BD/1BA single-family home AND a small auto/garage gas station. Both are leased to tenants and provide additional income. The property has no environmental issues from to the Gas Station. Full DEP Act 2 Clearance complete. Serviced by public sewer with option for public water. All showings require NDA, pre-qualification, and up to 48 hr advanced notice. Call office for more details.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$129 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

1836 Saloon - Neighborhood Pub/Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.63 AC

LAND SF

158,123 SF

ZONING

C

APN/PARCEL ID

16732303209053

ASK ABOUT THIS PROPERTY

Jennifer MickensTACM Commercial Realty IncMore Info
570-801-6170

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Jennifer MickensTACM Commercial Realty IncMore Info
570-801-6170

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