38 Tuckahoe Rd Weymouth, NJ 08317
- Bars
- 5,372 SF
- 3.27 lot acres
Current Use by Public Records
- Root Cellar Tavern / Bar & Grill
Property Details for 38 Tuckahoe Rd
- Lot size
- 3.27 lot acres
- Property size
- 5,372 SF
- Property type
- Bars
- Property subtype
- Pubs
Description
This exceptional offering presents a rare opportunity to acquire a thriving, award-winning tavern and attached residence in Weymouth, NJ. The 5,372 square foot property sits on 3.27 acres and includes a full-service restaurant with indoor seating for 148 guests, a spacious outdoor bar and event area ideal for expanding operations, and ample parking. Three oversized sheds provide convenient storage. The attached property is a four-bedroom, two-bathroom Cape Cod-style home, currently rented month-to-month, offering immediate income potential or comfortable living quarters. The tavern boasts a loyal local clientele, ensuring consistent revenue. A valuable liquor license is included in the sale. The property is zoned PVC and is offered at $589,999, representing a pro-forma cap rate of 3.51% and a price per square foot of $109.83. This turn-key operation is ready for immediate ownership, presenting a unique opportunity to own a profitable business and a desirable residence simultaneously. The property's strong performance history, combined with its attractive features and prime location, makes this an exceptional investment opportunity. Don't miss this chance to own a successful, established business with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Weymouth
- County
- Atlantic
- State
- New Jersey
- Longitude
- -74.8309173
- Latitude
- 39.4083237
