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Property profile

511 Rte 173 Stewartsville, NJ 08886

OFF-MARKET
Commercial real estate
5,500 SF 0.66 ac lot Built 1925
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Property summary

AI-generated overview

This exceptional Stewartsville, NJ property, located at 511 Route 173, presents a unique investment opportunity. Boasting a rich history dating back to 1925, this 5,500 square foot establishment has been continuously operated for nearly a century, with over 90% recurring business. The property sits on a 0.66-acre lot and includes a main dining area, a banquet room, and a unique, currently underutilized, 45-seat ratskeller in the basement. Significant renovations have been undertaken from the 1990s to the present, including a new septic system. The property is classified as Class C and holds a valuable 33 liquor license, permitting both on-premise alcohol service and package goods sales. With a capacity of approximately 200 people, this versatile space offers significant potential for growth and expansion. The long-standing history and loyal customer base provide a solid foundation for a new owner to build upon. The asking price is $1,150,000. This is a rare chance to acquire a well-established, profitable business with substantial upside potential in a desirable location.

Property profile

Verified
Property type Commercial real estate
Year built 1925
Total area 5,500 SF
Lot 0.66 ac (28,750 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

511 Rte 173 Stewartsville, NJ 08886
Stewartsville metro
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Value estimations

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Owner & transaction history

Comparables

2 recent transactions · within 1.5 mi
Comparable in this city
2 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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