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    5397 Somers Point

    Mays Landing, NJ 08330
    • $399,900
    • STATUS: Active
    • ON SITE: 83 days
    • MLS #: 202203
    UPDATED: 48 min ago
    $399,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1979

    School Ratings & Info

    Description

    Turn-key Business Opportunity in the Heart of Mays Landing with Planetary "Class C" Liquor License. The Riverside Restaurant and Tavern has been family owned for over 22 years and is a staple in the Township of Hamilton with years of memories and now this property could be yours! This property sits on 3.15 acres and has a seating capacity of about 100 people. Best of all, it sits on one of the busiest routes to the Shore with up to 7,000+ vehicles on a summer weekend. Rt. 559 is also considered to be the Counties Alternate Flood Evacuation Route. The Pool Tables, Change Machine, ATM, Music Machine (AMI) is leased through Bill's Vending. The Ansul System was updated in 2018 and recently passed an inspection. Ducts were all cleaned in winter of 2019. Central Air units were installed around 2009. Building comes with a security system and alarm system. Current owners put in a lot of time and money into this property. and it's been a labor of love. The walk-in is 16' x 10'. Kitchen has a Pizza Oven, two (2) fryers, Two Gas Gas Ovens with Grill, 6-burners and Flat Top Griddle, Ice Machine, Meat Slicer, Microwave, One (1) Upright Freezer, Refrigerated Cold Cut/Salad Station, Handwashing Sink and Wash/Rinse/Sanitize Sink. The Dining area has High Tops with two (2) Pool Tables and Darts for Entertainment. Popular Pool Tournaments have been held here. The Bar Area has an eight (8) keg Beer Meister with the potential of twelve (12), Nine (9) bag-in-the box soda dispenser, Sink Area, Ice Area for Cold Beer and a Cashiers Area. There is a Refrigerated Cooler in the dining area for Package Goods. Exterior has pitched truss roof with newer Timberland 3-Dimensional Shingles. The back shed is 12' x 24'. Exterior front previously had windows there and is still approved for those windows if you wanted to convert back, they are behind the wall. There is Outdoor Seating available and plenty of Parking. This property has been well-maintained and updated over the past several years and has recently passed all inspections. Many things with this property are grandfathered in. Keep it as a restaurant/bar or use your creative idea's to turn into something else. You have plenty of traffic that goes by. Micro Brewery? Deli? The Best Bar in Town? The possibilities are endless as the new owner(s) of the Riverside Tavern!

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    Listing information © 2020 Cape May County Association of REALTORS® Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS or The Oceanside Realty Team | Keller Williams Jersey Shore. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2020-09-22T15:49:52.077.
    www.theoceansiderealtyteam.com/homes/107364697
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    5397 Somers Point Mays Landing, NJ 08330

    • Price: $399,900
    • Status: Active
    • Updated: 48 min ago
    • MLS #: 202203
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1979
    Built
    Neighborhood:
    17-Out Of County
    Area:
    Out Of County
    Property Description
    Turn-key Business Opportunity in the Heart of Mays Landing with Planetary "Class C" Liquor License. The Riverside Restaurant and Tavern has been family owned for over 22 years and is a staple in the Township of Hamilton with years of memories and now this property could be yours! This property sits on 3.15 acres and has a seating capacity of about 100 people. Best of all, it sits on one of the busiest routes to the Shore with up to 7,000+ vehicles on a summer weekend. Rt. 559 is also considered to be the Counties Alternate Flood Evacuation Route. The Pool Tables, Change Machine, ATM, Music Machine (AMI) is leased through Bill's Vending. The Ansul System was updated in 2018 and recently passed an inspection. Ducts were all cleaned in winter of 2019. Central Air units were installed around 2009. Building comes with a security system and alarm system. Current owners put in a lot of time and money into this property. and it's been a labor of love. The walk-in is 16' x 10'. Kitchen has a Pizza Oven, two (2) fryers, Two Gas Gas Ovens with Grill, 6-burners and Flat Top Griddle, Ice Machine, Meat Slicer, Microwave, One (1) Upright Freezer, Refrigerated Cold Cut/Salad Station, Handwashing Sink and Wash/Rinse/Sanitize Sink. The Dining area has High Tops with two (2) Pool Tables and Darts for Entertainment. Popular Pool Tournaments have been held here. The Bar Area has an eight (8) keg Beer Meister with the potential of twelve (12), Nine (9) bag-in-the box soda dispenser, Sink Area, Ice Area for Cold Beer and a Cashiers Area. There is a Refrigerated Cooler in the dining area for Package Goods. Exterior has pitched truss roof with newer Timberland 3-Dimensional Shingles. The back shed is 12' x 24'. Exterior front previously had windows there and is still approved for those windows if you wanted to convert back, they are behind the wall. There is Outdoor Seating available and plenty of Parking. This property has been well-maintained and updated over the past several years and has recently passed all inspections. Many things with this property are grandfathered in. Keep it as a restaurant/bar or use your creative idea's to turn into something else. You have plenty of traffic that goes by. Micro Brewery? Deli? The Best Bar in Town? The possibilities are endless as the new owner(s) of the Riverside Tavern!
    Exterior Features

    Location Highway Lot Size 137214 Outside Features Other (See Remarks) Parking 11 Or More SpacesOff Street

    Interior Features

    Cooling Ceiling FanCentral Air Conditioning Heating Gas Natural Hot Water Gas Interior Features 220 Volt ElectricityRestroomSecurity System Public Baths 2 Specialty Rooms Office Space AvailPublic Restroom

    Property Features

    Available EquipmentFixturesIncome Expense InfoInventoryRefrigeration/Freezer Bank Owned No Commercial Type Restaurant New Construction No Sale Or Rent For Sale Sewer Private Subject To Third Party Approval No Tax Year 2019 Taxes 8377.29 Total Assessment 259600 Type CommercialRestaurant/Bar Water Public Zoned Ga-L

    © 2020 Cape May County Association of REALTORS® MLS. All Rights Reserved.
    Listing provided courtesy of Better Homes And Gardens Real Estate Maturo Realty Group.


    Listing information © 2020 Cape May County Association of REALTORS® Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS or The Oceanside Realty Team | Keller Williams Jersey Shore. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2020-09-22T15:49:52.077.
     
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