2998 River Rd

Investment Highlights

Waterfront 8 Guest Rooms Prime Location

Executive Summary

Nestled in the historic village of Centre Bridge, originally known as Reading?s Ferry, this locale has a rich narrative that dates back to the early 1700s when Colonel John Reading established the area's first river ferry crossing. Strategically situated on the New York Road, later renamed Upper York Road (Route 263), it was the principal route between Philadelphia and New York City. The ferry, having changed hands numerous times over about a century, ceased operations with the building of the first bridge in 1813, prompting the village's rechristening to Centre Bridge. This area is home to the historic Centre Bridge Inn, a Georgian style landmark originally named Center Bridge House, dates back to the 1800s. This exquisite property offers a sophisticated blend of luxury and functionality across its well-appointed spaces seamlessly marrying old-world elegance with contemporary sophistication, thanks to the visionary efforts of the current owner who brilliantly reimagined its spaces. The main floor is graced with an upscale dining room accommodating 28 guests, alongside a chic lounge and bar area perfect for social gatherings. This space is ingeniously designed to potentially expand, allowing for an additional 40 seats. Downstairs, an inviting dining area serves 88 patrons, while the stately Redfield room offers seating for 115, expandable to 140 for standing events. The delightful veranda and patio area add 94 more seats, ideal for enjoying outdoor dining experiences. The property also features eight guest rooms, all with new HVAC system installed on the second and third floors. Ample parking and stunning views over the Delaware River enhance the property's charm, creating a unique and lucrative opportunity for those looking to invest in a venue that expertly blends historic grandeur with modern luxury. Lastly, Nestled along the serene Delaware Canal, two charming barges await a visionary new chapter. Step aboard and immerse yourself in the gentle sway of the water, the soothing sounds of passing boats, and the warm embrace of the sun. These barges holds the potential for a reimagined dining experience?a floating restaurant where each table is adorned with crisp linens and candlelight, offering a menu inspired by the bounty of the water. Imagine your guests delighting in fresh seafood, grilled specialties, and indulgent desserts as they revel in the unique ambiance only this setting can provide. Canal frontage is 163 feet and river side of the canal is 174 feet wide. All unobstructed views of the delaware

• Sale Type    Investment or Owner User
• Sale Condition    High Vacancy Property
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Bar Restaurant
• Building Size    8,064
• Building Class    C
• Year Built/Renovated    1800/2021
• Price    4,999,999
• Price Per SF    620
• Tenancy    Single
• Building Height    3 Stories
• Building FAR    0.29
• Land Acres    0.63 AC