38 Tuckahoe Rd, Dorothy, NJ 08317

$525,000

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List Price
$525,000
Days on Market
207
Status
ACTIVE
MLS#
NJAC2022998
Lot Size (Acres)
3.5
Year Built
1973
County
Atlantic
School District
Estell Manor City Schools

Property Description

Mixed Use Commercial Property on 3.5 Acres with 24 Hour Liquor License. $525,000. Rare mixed use property on 3.5 acres in a high exposure corner location, on a main route to Ocean City and the Jersey Shore. Building, land, home, business, and license all convey together at $525,000. Two separate uses under one roof. The commercial side is approximately 2,100 square feet. Clean and well maintained. Full bar, dining room, commercial kitchen, and space for catering and private events. Buildout and equipment are in place. Outside, the property includes a fully permitted outdoor tiki bar. A second point of sale for warm weather months and an asset that is difficult to replicate from scratch. The residential side is an attached 2,000 square foot home with 4 bedrooms and 2 bathrooms. Use it as an owner operator residence, staff housing, or a rental unit. The sale includes a Plenary Retail Consumption License (Type 33) with 24 hour privileges. Licenses of this type are limited in supply and difficult to acquire in this market. The land carries real value here. 3.5 acres, parking for 50 plus cars, corner position, and steady seasonal traffic passing the door. Room to expand outdoor seating, grow the event side, or reposition the site. The business is open and operating today as The Root Cellar Tavern. A buyer can step in and keep the doors open, or bring their own concept. Either way, this is being marketed on the real estate, the license, and the location. Buyer to verify all measurements, license terms, and permitted uses. Call for a private showing.

Additional Information

Area
Corbin City (20106)
Subdivision
Dorothy
Taxes
$11496
School District
Estell Manor City Schools
Heating
Baseboard - Hot Water
Heating Fuel
Natural Gas
Cooling
Central A/C
Utilities
Above Ground
Water
Private, Well
Sewer
Septic Exists
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty - Atlantic Shore. Contact: 6094849890