58 S York Rd - Restaurant FOR SALE


Hatboro, PA 19040
$1,000,000 USD
215-409-8534
58 S York Rd, Hatboro, PA for Sale
$1,000,000 USD
Restaurant - FOR SALE
1/7
null | Request Cap Rate

58 S York Rd
Hatboro, PA 19040


OVERVIEW

Exceptional Opportunity: Turnkey Restaurant & Event Space with R Liquor License This is a rare chance to acquire a fully operational and extensively updated restaurant and event venue, complete with an R liquor license and occupancy for up to 289 guests. Spanning 8,000 square feet on the main level, the property underwent significant renovations in 2024, resulting in a modern, high-capacity hospitality space ideal for dining, private events, and entertainment. Key features include: Full-service commercial kitchen Including new flooring, lighting, HVAC, A/V systems, draft beer and wine systems, and outdoor dining furniture Main Bar Area (60' x 60'): 40 bar stools, 40 beer taps, 8 wine taps, 12 TVs, seating for 64 Dining Room (23' x 33'): Seats 60 guests Loft Lounge (33' x 34'): Seats 32, includes private office Function Rooms: Accommodate 80 and 40 guests; one features a full bar, the other projection equipment Outdoor Patio (90' x 8'): Seats 28 Host Area: Includes reception desk and lounge with leather seating Kitchen & Equipment: Main Kitchen (38' x 25'): Outfitted with a 10-burner range, salamander, broiler, flat top, brick pizza oven, 3 double fryers, leased double dishwasher, grease system, 8 refrigeration units, ice machine, and Ansul fire suppression TOAST POS System: Includes 4 monitors, 12 handheld devices, and 4 kitchen display screens Lower Level: Second Kitchen (38' x 25') Walk-in Coolers & Freezers: Beer cooler (10' x 20'), walk-in (15' x 8'), 4 freezer boxes, 2 upright freezers Additional Amenities: Storage rooms, workshop, office, employee restroom, utility systems (CO2/nitrogen, water softener, 2 Pepsi BIB towers, 20 metro shelves) Recent 2024 Upgrades Include: New flooring, furniture, bar, kitchen equipment, HVAC systems, restrooms, A/V systems, draft lines, and enhanced exterior dining space. Lease Terms: Approximately 9 years remaining, with renewal options available. Sale Includes: Business name and assets of Ross and Co., and the R liquor license. Sale Excludes: Real estate (building is not included).

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$125 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

RC1

APN/PARCEL ID

08-00-06652-009

ASK ABOUT THIS PROPERTY

Maria RomanoDelphi Property Group, LLC.More Info
215-409-8534

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Maria RomanoDelphi Property Group, LLC.More Info
215-409-8534

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