470 Us Highway 206 Frankford, NJ $ 1,100,000
470 Us Highway 206
$ 1,100,000
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470 Us Highway 206

Frankford, NJ, 07826
$ 1,100,000
Bedrooms-- Baths-- Sq 4,000

Monthly Estimate*

$ 6,588

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Commercial Property for sale in Frankford, NJ

for $1,100,000 with 3 half baths. This 4,000 square foot building was built in 1920 on a lot size of 1.8.

Presented for acquisition, this distinguished restaurant is strategically situated on the picturesque shores of Culver's Lake, adjacent to the Appalachian Trail. Prime lakefront location offers a unique setting w/boat docking ensuring a captivating dining experience enhanced by its scenic surroundings. The liquor license inclusive of permitted outdoor service, adds considerable value & versatility to the business. Seating for over 120 guests plus additional seating outdoors, a private Banquet Rm & Bar. Fully outfitted commercial kitchen designed to support streamlined culinary operations, walk-in freezer, LL storage w/easy ground level bay door access. Tiki Bar & Gazebo overlooking the lake, which contributes a unique & engaging atmosphere. Expansive outdoor dining area, providing patrons w/opportunity to enjoy meals in an open-air setting while taking in breathtaking views. Ample parking facilities for both guests & staff. Positioned on a high-traffic route with over 15,500 cars passing daily, the restaurant benefits from significant visibility and the potential for consistent patronage. Currently operating 5 days a week, this location offers a robust foundation for continued success or for realizing new strategic goals. This premier lakefront restaurant represents a rare opportunity for seasoned operators seeking a distinguished venue with exceptional features and growth potential or for the those who are looking for a turn-key start-up business

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Commercial Pending

Price

$ 1,100,000

Half Bath

3

Property Type

Commercial

Taxes

$ 17,310

Style

RestBar

Lot Size

1.8

Year Built

1920

Town/City

Frankford

County/Region

Sussex

MLS | Web ID

3920567

Features
General
Sewer Septic
Construction Wood
Heating 3 Units
Cooling 3 Units
Utilities Electric Gas-Propane
Possession Per contract
Roof Asphalt Shingle
Zoning retail
Garage Spaces 50
Year Built 1920
Township Frankford Twp.
Property Type Restaurant/Bar RestBar
Tax Year 2023
Percent Ownership Fee Simple
Location Highway Location
County Sussex
Status Under Contract
Directions Route 206 North opposite W Owassa Turnpike
NumberOfUnitsTotal 1
Tax Annual Amount 17310
Drive Additional Parking Blacktop Off-Street Parking Parking Lot-Exclusive
Leasable Area 200
Standard Status Under Contract
Tax Assessed Value 600000
Town # 2805
Tax Lot 8
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Interior
Basement Bilco-Style Door Partial
Fuel Type GasPropO
Total Stories 2
Half Baths 3
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Exterior
Lot Features Lake Front Lake/Water View
Water Source Private
Total Parking 50
Exterior Description See Remarks
Building Area Total 4000
Lot Dimensions 1.78 ACS
Lot Size Acres 1.80
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* Excluded Features
List By
JOHN NEGRI

Listing Agent

Coldwell Banker Realty

Broker

jnegri32@hotmail.com

Email

Affordability Calculator

$8,030
Per Month
82%
18%
0%
Monthly Principal & Interest
$6,588
Monthly Property Taxes
$1,443
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/25/2024$1,100,000 Listed Price

Map


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470 Us Highway 206, Frankford, NJ, 07826 is a Commercial Property for sale at $1,100,000 with 4,000 sqft and a lot size of 1.8. 470 Us Highway 206 was built in 1920. The property's zip code is 07826 which is in Frankford, NJ