Established Sparta Bar &
712 Woodport Rd Sparta, NJ 07871
712 Woodport Rd, Sparta, NJ, 07871
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For Sale
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Well-established bar and restaurant with expansion potential in Sparta.
Property Size2,262 SF
Price / SF$437.67
Days on Market1079
Property Features for 712 Woodport Rd
General Information
- Standard status
- Active
- Size
- 2,262 SF
- Property subtype
- Retail, Hospitality
Building Details
- Year Built
- 1945
Listing Agency
Weichert Realtors
Listed by
duffy brennan · License #NJ 9236411
Source
Crexi
Added: Aug 7, 2023 Updated: Jul 6 at 7:57 am Checked: Jul 19 at 7:59 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Weichert Realtors
Investment Insights
Based on property information with market context.
This well-established bar and restaurant, known as a local gathering spot, is available for purchase. The venue offers a full daily menu, Sunday brunch, and a vibrant atmosphere. It features a full-service bar with a liquor license, and a fully equipped commercial kitchen. The property includes an expansive outdoor patio and lawn area suitable for seasonal events, live music, or outdoor dining. Ample on-site parking is available, along with an oversized outdoor shed for additional storage. The property size is 2262 square feet. The sale includes the liquor license, commercial kitchen equipment, and business goodwill. Financials and operating expenses are available upon execution of a non-disclosure agreement. The property also offers room for potential expansion.
Key Highlights
- Established and Profitable Bar & Restaurant Business
- Full Liquor License Included
- Fully Equipped Commercial Kitchen
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.9k | $21.60 |
| − Vacancy | −$2.7k | −$1.21 |
| EGI | $46.1k | $20.39 |
| − OpEx | −$11.5k | −$5.10 |
| NOI | $34.6k | $15.29 |
2,262 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$494.2K
$432.4K – $576.5K
NOI $34,592 @ 7.0% cap · market cap 3.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$590.7K
$516.8K – $689.1K
NOI $41,346 @ 7.0% cap · market cap 4.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Village Saloon
Bar & Pub
Similar For Sale Nearby
Similar Off Market Nearby
- Village Saloon — 712 Woodport Rd, Sparta, NJ 07871
FAQs
What type of property is this?
Bar & Pub - Well-established bar and restaurant with expansion potential in Sparta.
Where is this bar & pub located?
The property is located at 712 Woodport Rd Sparta, NJ.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Established and Profitable Bar & Restaurant Business; Full Liquor License Included; Fully Equipped Commercial Kitchen
