Ottsville Inn: Restaurant & Bar w/ Apartments 245 Durham Rd

Investment Highlights

Restaurant and Full Service Bar Seating for approximately 100 patrons Rental Income from Apartments on the upper levels Parking for approximately 33 cars

Executive Summary

Welcome to the Ottsville Inn! This charming and iconic establishment dates back to the early 1800?s and has been operating as an inn or bar/restaurant for the past 90+ years. Currently family-owned and operated by the current owners since 2007. This warm and inviting atmosphere provides seating for approximately 100 patrons, including outdoor dining on the lovely covered front porch and a full-service bar. The spacious parking lot provides approximately 33 parking spaces. There are two restrooms for patrons, a spacious kitchen and prep areas. The lower level provides a tremendous amount of storage. The 2nd and 3rd floors of the building include an office, additional storage and income producing residential rentals of approximately $38,000/annually. Low annual property taxes of $5,157. Great location! Located north of Doylestown, just a few minutes from Route 611 / Easton Rd. and nearby Routes 413, 113 and 563. This location attracts regular patrons from every direction, including NJ. As well as many visitors who are enjoying nearby Lake Nockamixon and Nockamixon State Park and the many other attractions that make beautiful Bucks County a desirable place to visit. H Liquor License. All FFE included with the exception of the coffee machines, soda machines, juke box and POS system and dishwasher. Various uses permitted under VC (Village Central) zoning. This is a great opportunity for the next owner.

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Bar Office Office Residential Office Office Live Work Unit Restaurant
• Building Size    3,700
• Building Class    C
• Year Built/Renovated    1803/2008
• Price    875,000
• Price Per SF    236
• Percent Leased    100
• Tenancy    Multiple
• Building Height    3 Stories
• Building FAR    0.21
• Land Acres    0.41 AC