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1st Floor - Unit 9-12
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Retail
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3,440 SF
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$250,191 USD
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Unit Size: 3,440 SF
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Condo Use: Retail
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Price: $250,191 USD
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Sale Type: Owner User
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Price/SF: $72.73 USD
Description
This established restaurant and bar opportunity offers multiple revenue streams within a single operation, creating an attractive platform for an owner-operator or investor seeking a hospitality and entertainment venue. The property is configured to support both food service and nightlife activities, allowing operators to diversify income sources while serving a broad customer base.
The venue includes seating for 94 patrons and features a dedicated bar area separate from the dining section. The restaurant portion has been renovated with quality materials and updated finishes, providing a modern environment that can accommodate everyday dining as well as special events. The property's layout supports flexible operations and can adapt to a variety of business models within the food, beverage, and entertainment sectors.
A permit authorizing live performances adds an additional layer of operational flexibility and potential revenue generation. The venue also includes a fully equipped karaoke area designed to host entertainment programming, themed events, and community gatherings. Five video lottery terminals are located within the bar section, contributing another established source of revenue.
With infrastructure already in place for dining, beverage service, entertainment, and gaming operations, the business offers a foundation for continued growth and expanded programming. The combination of restaurant facilities, bar operations, live entertainment capabilities, and event potential presents an opportunity for a hands-on operator to further develop the property's market presence and customer base.
Sale Notes
This condominium unit is improved as a restaurant and bar establishment with seating for 94 patrons. The premises include a separate bar area containing five video lottery terminals, an equipped karaoke space, and a restaurant section renovated with updated materials and finishes. The unit is licensed for the presentation of live performances and is configured to accommodate dining, beverage service, entertainment programming, and special events. Interior improvements support restaurant and bar operations within the condominium premises.
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