**For Sale: Turn-Key, Award-Winning Tavern with Liquor License and Attached Residence** Welcome to a rare, once-in-a-lifetime opportunity to own The Root Cellar Tavern, a thriving, award-winning tavern and attached residence, located in a strong locals' community with consistent year-to-year turnover. This turn-key establishment is ready for you to buy today and open tomorrow, offering everything you need to hit the ground running. ### Tavern Features: - **Full-Service Restaurant**: Enjoy an indoor dining area and bar with a capacity of 148 guests. - **Outdoor Bar & Events Area**: Situated on 3 acres of cleared land and an outdoor bar make it perfect for outdoor service and events. - **Strong Localsâ?? Establishment**: This tavern has been a community staple for decades and has built a loyal customer base, ensuring steady business. - **Ample Parking**: Plenty of space to accommodate guests comfortably. - **Three Oversized Sheds**: Ideal for storage, keeping your operations smooth and organized. ### Residence Features: - **Attached 4BR, 2BA Cape Cod Home**: 1700+ sq ft of versatile space that can serve as your full-time residence or generate additional revenue as a rental property. - **Currently Rented**: The home is currently rented on a month-to-month basis, offering immediate income potential. ### Investment Highlights: - **Liquor License Included**: This Plenary Retail Consumption License (Type 33) is a valuable asset that sets this property apart from the competition. - **Priced to Sell**: All of this can be yours for just $599,000â??a competitive price for such a unique and profitable property. Multiple revenue streams waiting for you to make it yours. Donâ??t miss this chance to own a fully operational tavern with a built-in customer base, plus a beautiful home that offers flexibility and additional income potential. Act fast, as opportunities like this are few and far between!
This well known Bar and Restaurant are on the main road in town and has a lot of local and traveling traffic going by it daily. It has a 60 seat bar with booths as well as a catering hall or dining room with another 80 seats. There is a large deck in the back not utilized as well for an additional 60 plus seats if needed. The property is well maintained and has a new roof. The business is turn key and has a very large restaurant kitchen with all equipment needed to operate a first class restaurant. Plenty of free parking in front and a large parking lot in the rear as well. There is also a private office suite above and has a partial basement. Easy to show and business is closed as owner is retired. Priced to sell fast at this very low price.
The median home value in Dorothy, NJ is $440,000. This is higher than the county median home value of $301,600. The national median home value is $338,100. The average price of homes sold in Dorothy, NJ is $440,000. Approximately 69.98% of Dorothy homes are owned, compared to 22.3% rented, while 7.72% are vacant. Dorothy real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Dorothy real estate agent to arrange a tour today!
Dorothy, New Jersey has a population of 1,295. Dorothy is less family-centric than the surrounding county with 20.6% of the households containing married families with children. The county average for households married with children is 26.78%.
The median household income in Dorothy, New Jersey is $78,750. The median household income for the surrounding county is $66,473 compared to the national median of $69,021. The median age of people living in Dorothy is 47.2 years.
The average high temperature in July is 84.9 degrees, with an average low temperature in January of 24.4 degrees. The average rainfall is approximately 43.4 inches per year, with 16.2 inches of snow per year.