720 Easton Rd, Riegelsville, PA 18077
sale
$400,000
|
Other
Courtesy Of Ken Geyer Real Estate Auctioneers
LIVE Public Real Estate Auction will be held on Monday, March 16th at 1:00pm Incredible opportunity to purchase a fully equipped restaurant property just off Route 611 in Reigelsville! This high-visibility location is just blocks away from the bridge over the Delaware River, offering convenient access to both New Jersey and Pennsylvania, a strategic spot for capturing cross-state traffic and reaching customers in both areas. Built in poured concrete, the property is fully equipped with a fire and security system. The main level is currently configured for a single restaurant tenant but can be easily divided into two separate storefronts, with all electric already split. This layout is ideal for owner-operators or investors seeking multiple income streams. The space was previously leased for $3,300 per month. Approximately 7-8 years ago, the level was outfitted with kitchen equipment at a cost of around $150,000, all of which is included in the purchase of the real estate. On the lower level, you'll find a garage with two overhead doors (steel security gate and garage door), presently leased for vehicle storage at $750/month. The existing tenant has expressed interest in continuing under new ownership, providing immediate supplemental income (subject to negotiation). Please Note: Price was added for listing and searching purposes only and does not reflect what the property will sell for on auction day.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 0
- Floors: 2
- Heating System: Forced Air
- Heating System: Propane (Heating)
- MLSID: 11659362
- Rooms: Bathroom 2
- Rooms: Bathroom 1
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