129-131 Howertown Rd, Catasauqua, PA – $400,000
Commercial Real Estate – Restaurant
Turn Key Business Ready to Go! Instant Money maker.!!! 6000+Sf 3 story building For Sale. Richie’s Public House. The Bar and restaurant is a full service establishment, currently being used for catering. but the furniture fixtures and equipment remain just looking for a new owner. There are two bars sporting 20 taps each (40 taps) . 18 flat screen TV’s, Pool table, Darts, Shuffleboard table and Jukebox just as you remember. This bar is beautifully hand crafted , one of a kind with unlimited future potential that is sure to impress. In addition there are two apartments with two bedrooms each and a 2 car garage for additional income. One apartment is currently leased for $1250/mo and the others is the owners apartment (Could also lease for $1250/mo.) or could be converted into a 50 seat party room. Garage ($400/mo) is currently vacant. Here are the details of the front of the house: Bar #1- 12 Barstools and three (3) Four top Pub Tables (24 seats) Bar #2 -16 Barstools, two (2) four top Pub Tables . The dining room has eight (8) Four Tops and Two (2) Six tops that can accommodate 120 people . Game room has three (3) additional four top tables (12 seats). Total seating = 70. In addition to the bar there is plenty of restaurant equipment including three (3 )Pitco Fryers, Vulcan thermostat flat top , 6 gas burner Garland stove with flat top ,convection oven and two walk-in boxes. Infrastructure improvements include 4 LG Slim Heat Pump systems with A/C located strategically around the bar / restaurant area. This configuration allows for multi climate zones. Each unit is 12,000 BTU’s and 13 SEER for efficient heating & cooling. Apartments are heated with a separate gas hot water boiler. There are 2 water heaters. Leased parking for 60 cars. WAIT there is MORE. New Chimney in 2017, All new wood floors in front of the house and there is a new glass washer behind Bar #1. New recently installed sidewalks and back patio, Excellent for outdoor parties and nightlife. All beer taps have separate air regulators with beer stops to prevent beer waste and an ethylene glycol system to chill the beer from keg to tap. Keg beer has its own independent walk in box. This property is centrally located, minutes to Allentown, Routes 22 & I-78. Near I-476 (NE Extension of PA Turnpike) and Route 33. Property has Clean Phase -1 Environmental. Lehigh County Liquor License may be purchased separately for approximately $50,000. You can also get a distillers license for $2,500. Owner will consider lease to purchase arrangement with adequate initial deposit for qualified buyers. Excellent set up for bartenders & chefs. Come by and see for yourself. You will be pleasantly surprised. This property is 1031 Exchange eligible.