


$525,000
Est. $3,355/mo
Listing Courtesy of Keller Williams Realty - Atlantic Shore
Daniel G Rallo
6094849890
klrw794@kw.com
Listing data provided by Bright MLS
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Description
Mixed Use Commercial Property on 3.5 Acres with 24 Hour Liquor License. $525,000. Rare mixed use property on 3.5 acres in a high exposure corner location, on a main route to Ocean City and the Jersey Shore. Building, land, home, business, and license all convey together at $525,000. Two separate uses under one roof. The commercial side is approximately 2,100 square feet. Clean and well maintained. Full bar, dining room, commercial kitchen, and space for catering and private events. Buildout and equipment are in place. Outside, the property includes a fully permitted outdoor tiki bar. A second point of sale for warm weather months and an asset that is difficult to replicate from scratch. The residential side is an attached 2,000 square foot home with 4 bedrooms and 2 bathrooms. Use it as an owner operator residence, staff housing, or a rental unit. The sale includes a Plenary Retail Consumption License (Type 33) with 24 hour privileges. Licenses of this type are limited in supply and difficult to acquire in this market. The land carries real value here. 3.5 acres, parking for 50 plus cars, corner position, and steady seasonal traffic passing the door. Room to expand outdoor seating, grow the event side, or reposition the site. The business is open and operating today as The Root Cellar Tavern. A buyer can step in and keep the doors open, or bring their own concept. Either way, this is being marketed on the real estate, the license, and the location. Buyer to verify all measurements, license terms, and permitted uses. Call for a private showing.
Property Details
Property Type
commercial
Year Built
1973
Lot Size
3.5 sqft
MLS #
NJAC2022998
Listed
Jan 1, 1970
Features & Amenities
- Baseboard - Hot Water
- Central A/C
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