For Sale
$1,150,000

511 Rte 173Stewartsville, NJ 08886

Established Eatery, High Revenue Potential

Overview

Added:
Feb 3
Days on market:
62
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 Details for 511 Rte 173

Property type
Square Feet
5,500 SF
Year Built
1925
Lot Size (sq. ft)
28,750 SF

Location Insight

City
Stewartsville
County
Warren
State
New Jersey
Latitude
40.65657
Longitude
-75.09563
511 Rte 173, Stewartsville, New Jersey

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511 Rte 173
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