538 N Broadway

$289,900

Deepwater, NJ 08069
  • TRAVALINI
  • 2 Building(s)
  • 3 Total Units
  • 4,104 Sq Ft
  • 0.26 Acres

Property Details

Former Travaglini Italian Restaurant located in the Deepwater section of Pennsville. Restaurant seats 70 in main dining room, 15 at the bar area and 60 in 2nd floor banquet room. Sale includes the restaurant building, a 2 story duplex building, and a vacant (parking) lot located across the street for overflow parking. All existing equipment remain with the sale including a walk in refrigerator. There are 2 rest rooms on each floor and the first floor is ADA compliant. The duplex grosses 1,475 per month with 2 very long term tenants. Also included is an overflow parking lot located across the street. The 2nd floor was completely renovated in 2001 into a banquet facility with all new electric. The Travaglini name can stay with the building, if desired. The owner will consider doing a lease purchase of the building. The building could also be used as an office building, retail business, veterans home, etc. The building would be a great place for a sports bar!! There is a class C liquor license for sale in Pennsville Township that could make the restaurant into a full service business. The owner will consider giving the Travaglini spaghetti sauce recipe to the new owner. Great opportunity at a great price.

7008276
Jun 22, 2017
101X110
NONE AVAILABLE
00001
Pennsville Twp
$13,625
$373,600
$97,900
2016
11to25CarGar,PavedPark,Off Street
Public Sewer
Public
$42,000
Last Updated: Jul 26, 2017
Brokered By River Beach Realty Inc
Listed By David Wright

Trend MLS

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