Property summary
The property is a bar and restaurant building that has been operated with D5 and D6 liquor licenses and includes a charitable license for skill games (licenses are part of the property’s historical operating configuration). The building has undergone substantial upgrades since 2020, including a fire inspection completed in 2022 that resulted in updated fire safety features and new exit signs. The kitchen features an updated hood system, updated plumbing with an air gap, and a dumbwaiter for service access; kitchen appliances are described as being less than five years old. Restrooms have been updated with new toilets and a urinal, and the walk-in cooler includes a condenser installed within the last five years. Heating includes a boiler that is approximately 3–4 years old and a hot water tank that is about 10 years old. The basement contains a 2-bedroom, 1-bath apartment with a full kitchen, suitable for an owner-operator or for generating rental income; apartment appliances are noted as not included. The site consists of a 0.2507-acre lot, and the property includes dining and game equipment such as tables and chairs, pool tables, TVs, and signage (as historically provided with the operation).
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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