1406 Lake Ariel Highway, Route 191, Lake Ariel, PA 18436 (MLS# SC-4418)
1406 Lake Ariel Highway, Route 191, Lake Ariel, PA 18436
$850,000
Property Type:
Commercial Sale
Square Footage:
4,028
Lot Size (sq. ft.):
34,804
Status:
Active
Current Price:
$850,000
List Date:
8/24/2024
Last Modified:
8/24/2024
Description
Profitable & Successful established restaurant/bar offering outdoor seating. Includes liquor license & equipment. License for outside entertainment. Fully equipped kitchen, walk in coolers, skill machines, dining room seats 30 & room to expand. Plenty of parking. Renovated inside & out. A true ''go to'' for many locals. 2 apartments fully rented. Great cash flow. P&L available with serious qualified buyers and confidentiality statement. Owner may consider financing with considerable down payment.
More Information MLS# SC-4418
Contract Information
Current Price: $850,000
List Price: $850,000
Status: Active
Listing Contract Date: 2024-08-22
Property Sub Type: Business
Property Attached YN: Yes
Listing Agreement: Exclusive Right To Lease
Listing Service: Full Service
Seller Offers Concessions YN: No
Owner Name: Chapman Real Estate Holdings LLC
Availability Date: 2024-08-24
Environmental Survey YN: No
Location Tax and Legal
Street Number: 1406
Street Name: Lake Ariel
Street Suffix: Highway
State: PA
Postal Code: 18436
County: Wayne
Subdivision Name: None
General Property Information
Business Name: AV Inn
Number Of Buildings: 3
Number Of Units Total: 3
Building Area Total: 4028
Building Area Total (Report Only): 4028
Enhanced Accessible: No
Year Built: 1930
Parking Total: 50
Lot Size Acres: 0.799
Lot Size Dimensions: 309x183x146x47x28x105
Lot Dimensions Source: Assessor
Land Lease YN: No
Waterfront YN: No
Basement YN: Yes
Stories: 2
Sign On Property YN: No
Rent Control YN: No
Auction YN: No
List Price/SqFt: 211.02
Remarks and Miscellaneous
Public Remarks: Profitable & Successful established restaurant/bar offering outdoor seating. Includes liquor license & equipment. License for outside entertainment. Fully equipped kitchen, walk in coolers, skill machines, dining room seats 30 & room to expand. Plenty of parking. Renovated inside & out. A true ''go to'' for many locals. 2 apartments fully rented. Great cash flow. P&L available with serious qualified buyers and confidentiality statement. Owner may consider financing with considerable down payment.
Status Change Information
Major Change Timestamp: 2024-08-24T16:15:15Z
Major Change Type: New Listing
Status Change Timestamp: 2024-08-24
Building Features
Included In Contract: Business & Building(s)
Entry Information
Entry Location: front
Property Features
Basement: Dirt Floor; Full
Building Features: Equipment Included; Established Business; Exterior Storage; Public Restrooms; Turnkey Operations
Business Type: Bar/Tavern/Lounge; Restaurant
Construction Materials: Vinyl Siding
Cooling: Wall/Window Unit(s)
Current Financing: Other
Current Use: Commercial
Electric: 200 or Less Amp Service
Exterior Features: Lighting
Fencing: Fenced; Gate
Flooring: Laminate
Foundation Details: Stone
Heating: Oil; Steam
Levels: Two
Listing Terms: Cash; Conventional; Owner May Carry
Lot Features: Cleared; Corner Lot
Owner Pays: All Utilities
Parking Features: Asphalt
Possession: Negotiable
Possible Use: Commercial; Retail
Property Condition: Updated/Remodeled
Road Frontage Type: State Road
Road Surface Type: Paved
Roof: Shingle
Security Features: Security System
Sewer: Private Sewer
Special Licenses: Entertainment; Liquor
Utilities: Cable Available; Electricity Connected; Phone Connected; Sewer Connected; Water Connected
Water Source: Well
Showing Requirements: Call Listing Agent
Listing Office: Keller Williams Real Estate-Clarks Summit
Last Updated: August - 24 - 2024
Information deemed reliable but not guaranteed.