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433 Telegraph Road

ALLOWAY, NJ 08001
  • $995,000
  • STATUS: Active
  • ON SITE: 84 Days
  • ID#: NJSA2000692
UPDATED: 200 min ago
$995,000
  • 0
    BEDS
  • 4.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1975
County:

School Ratings & Info

Description

Well-established restaurant, bar and package goods business in Historic Alloway Twp. Established in 1975 the Alloway Village INN has been a successful establishment with great revenue and cash flow. This Bar, Restaurant and Package Goods business is a landmark in Salem County and offers a nice family atmosphere for dining, relaxing and fun. Plenty of room to expand this 4000 square foot property is situated on 4.33 acres and includes an asphalt parking lot for approximately 50 cars. Seating for about 75 patrons including both full-length bar and table seating. Current allowable occupancy is 199 patrons per local fire code. The Liquor License is a Class 33 (allows for 1/3 package goods and 2/3 bar/restaurant business) and is included in the sale. The Package Goods Business includes the sale of Beer, Wines and Spirits and there is a separate entrance for the package goods area with plenty of shelving. The interior of the building has recently been renovated and improvements have been made. There are 3 package good refrigerators for beer, wine and cold beverages. Fully Equipped Commercial Kitchen & Storage (Dry storage 300 square feet and cold storage 300 square feet). See list of included equipment. There is also a nice-size office. Back pool room is set up with 2 pool tables and dart boards but could easily be converted into a room for private parties. Live music on weekends throughout the year and the popular Crab Fests on Sundays are a staple during the Summer Months. Many other fun events are held here such as Bar Runs and Office Parties throughout the year. Beer, Wine and Spirits inventory is not included in the sale, but can be negotiated separately. Property will be tied into public sewer at the owner+GGs expense prior to closing.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Sail Lake Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-27T23:50:48.69.
www.saillakerealty.com/homes/120076824
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433 Telegraph Road ALLOWAY, NJ 08001

  • Price: $995,000
  • Status: Active
  • Updated: 200 min ago
  • ID#: NJSA2000692
0
Beds
0
Baths
0
½ Baths
4.6
Acres
1975
Built
Neighborhood:
Alloway Twp (21701)
County:
Salem
Area:
Alloway Twp (21701)
School District:
Alloway Township Public Schools
Property Description
Well-established restaurant, bar and package goods business in Historic Alloway Twp. Established in 1975 the Alloway Village INN has been a successful establishment with great revenue and cash flow. This Bar, Restaurant and Package Goods business is a landmark in Salem County and offers a nice family atmosphere for dining, relaxing and fun. Plenty of room to expand this 4000 square foot property is situated on 4.33 acres and includes an asphalt parking lot for approximately 50 cars. Seating for about 75 patrons including both full-length bar and table seating. Current allowable occupancy is 199 patrons per local fire code. The Liquor License is a Class 33 (allows for 1/3 package goods and 2/3 bar/restaurant business) and is included in the sale. The Package Goods Business includes the sale of Beer, Wines and Spirits and there is a separate entrance for the package goods area with plenty of shelving. The interior of the building has recently been renovated and improvements have been made. There are 3 package good refrigerators for beer, wine and cold beverages. Fully Equipped Commercial Kitchen & Storage (Dry storage 300 square feet and cold storage 300 square feet). See list of included equipment. There is also a nice-size office. Back pool room is set up with 2 pool tables and dart boards but could easily be converted into a room for private parties. Live music on weekends throughout the year and the popular Crab Fests on Sundays are a staple during the Summer Months. Many other fun events are held here such as Bar Runs and Office Parties throughout the year. Beer, Wine and Spirits inventory is not included in the sale, but can be negotiated separately. Property will be tied into public sewer at the owner+GGs expense prior to closing.
Exterior Features

Construction Materials Block Garage YN No Location Type Free Standing Parking Features Paved Parking Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 4160.00 Cooling Central A/C Exclusions Inventory Of BeerWine And Spirits Heating Forced Air Heating YN Yes Inclusions Business Assets And EquipmentLiquor LicenseReal Estate Net Square Feet 4160.00

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2020 Association YN No Business Type Restaurant/Bar Central Air YN Yes Cooling Fuel Electric Electric Expense 19000.00 Heating Fuel Oil Hot Water Electric Insurance Expense 29600.00 Municipality Alloway Twp Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 800918316746 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Retail Sale Type Standard Sewer On Site Septic Tax Annual Amount 15126.00 Tax Assessment Amount 488100.00 Tax Lot 00002 01 Trash Expense 2700.00 Utilities Propane Vacation Rental YN No Water Source Well Zoning Comm

Listing courtesy of Century 21 Town & Country Realty - Woodstown.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Sail Lake Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-27T23:50:48.69.
 
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