Investment Highlights
Executive Summary
This historic building was built in 1704! It?s very likely that while George Washington was passing through, he could have stopped for a beer or a bite to eat. It?s quite an unusual facility having 12 rental rooms, 2 apartments, a restaurant and a bar. The first floor consists of the restaurant entry, bar entry, stairs to the upper floor rentals, and a door to the separate apartment. The door from the parking lot leads to the restaurant which has a license for 70 seats in total. Typical of a tavern, there is newer carpet over wood floors, cozy wood walls, 8? ceilings and some painted drywall. The coffered ceiling and recessed lighting adds to the ambience, making it attractive and inviting. The second dining area is dominated by a non-functioning hearth fireplace with a gas stove insert and also adds ambience. The general condition is stunning. The front door on Bellevue Avenue leads to the bar. There are approximately 14-15 seats at the bar, 2 high tops and tables as well for seating. The bar contains wells for drinks, a triple sink, ice sink, 2 beer coolers and the necessary equipment and taps for a full-service establishment. The keg cooler remains in the basement allowing more space for the bar area. Vinyl floors line the bar area protect against spills and heavy foot traffic. The intimacy of the room invites a comfortable setting for guests, and you?ll see the regular crowd shuffle in! From the side of the bar is a door to the separate men?s and ladies? rooms and a stairway to the upper floor rentals. Behind the bar the large gourmet kitchen containing two 6 burner ranges, a grill, 2 fryers, prep table, dishwashing area, a small cooler and a walk-in cooler attached to the side of the building with interior access and a smaller 2nd walk-in. The kitchen will excite professional chefs! Nearby the kitchen contains the office.Work your way to the basement accessed from interior stairs and is used for storage and beverage coolers.Let?s talk about the rental rooms! Upstairs there are 8 rental rooms from a common hallway plus two shared bathrooms. Each room offers a separate entrance, a window, indoor/outdoor carpeting and 9? ceilings. The next up floor rentals have windows to a balcony that isn?t in use. Common baths have vinyl flooring, single showers, and a toilet and sink. The fire alarm system is in place and looks to be appropriate to have access to an emergency stairway. The top floor is like the floor below where you?ll find 4 rental rooms that share a single bath. Also on that floor is a full one-bedroom apartment with a private bath. This floor also has access to the emergency stairway and each room contains windows and common heating.Accessed from Maple Avenue from a separate doorway there is a two-bedroom townhome apartment. Enter the living room, a kitchen and laundry on the first floor, two bedrooms and a bath on the second floor. It also offers a basement for extra storage.Included in the price is the real estate, business, liquor license, equipment, and chattel.
