799 Gravel Pike Palm, PA 18070

This exceptional turnkey restaurant opportunity, the Palm Tavern, is located at 799 Gravel Pike in Palm, Montgomery County, Pennsylvania, 18070. The property boasts a fee simple ownership and sits on a generous 3-acre lot. The main tavern area encompasses 5,144 square feet, currently operating at 50% occupancy, and is beautifully renovated. The interior comfortably seats 80 patrons, complemented by an outdoor patio with seating for an additional 20. The asking price is $590,000, translating to a price per square foot of $114.70. A significant upside potential exists with the inclusion of 12 boarding rooms located above the tavern. While currently unrented, these rooms present a substantial opportunity for increased revenue streams following renovation. The property also benefits from a valuable hotel liquor license, a key asset for any established or aspiring hospitality business. This unique combination of a thriving restaurant and significant development potential makes the Palm Tavern an attractive investment prospect in a desirable location. The property's prime location and existing infrastructure provide a solid foundation for immediate returns and long-term growth. This is a rare chance to acquire a well-established business with significant expansion possibilities. Detailed financial information is available upon request.