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390 Middletown Boulevard

LANGHORNE, PA 19047
  • $1,400,000
  • STATUS: Active
  • ON SITE: 58 Days
  • MLS #: PABU2029266
UPDATED: 61 min ago
$1,400,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1960
County:

School Ratings & Info

School District:

Description

IMPORTANT NOTE:+- ADDRESS AND PICTURE ARE NOT PROPERTY ADDRESS.+- SELLER REQUESTS FULL CONFIDENTIALITY AND NO INFORMATION WILL BE DISLOSED WITHOUT AN NDA.+- PROPERTY IS LOCATED IN LOWER BUCKS COUNTYVery large, very well known and popular, long standing, well respected facility for over forty years. Many profit centers plus additional opportunities for more growth. Highly profitable. Main restaurant building over 12,000 square feet plus additional separate 1500 sf takeout building and over 3 acres of parking. Restaurant consistently full and catering is booked at least one year in advance. Seven day operation. Fully operating staff in place and will continue to stay as many employees are long time staff. Absolute turn-key operation. Long term lease for qualified restauranteur at $12.00/sf NNN.Price includes, Business, fixtures, equipment, liquor license and booked catering contracts. Long time owner wants to retire. Real estate and business available for combined price $4,000,000. Must be sufficiently experienced and capitalized to purchase. Possible owner financing to highly experienced and highly financially qualified buyer.Highly confidential and must sign an NDA before any information and/or data will be released.This is the opportunity of a lifetime for an experienced and successful restauranteur.

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©2022 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 PORTERPLUS 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: 2022-08-10T12:04:39.323.
www.porterplusrealty.com/homes/129772742
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390 Middletown Boulevard LANGHORNE, PA 19047

  • Price: $1,400,000
  • Status: Active
  • On Site: 58 Days
  • Updated: 61 min ago
  • MLS #: PABU2029266
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1960
Built
Neighborhood:
Middletown Twp (10122)
County:
Bucks
Area:
Middletown Twp (10122)
School District:
Neshaminy
Property Description
IMPORTANT NOTE:+- ADDRESS AND PICTURE ARE NOT PROPERTY ADDRESS.+- SELLER REQUESTS FULL CONFIDENTIALITY AND NO INFORMATION WILL BE DISLOSED WITHOUT AN NDA.+- PROPERTY IS LOCATED IN LOWER BUCKS COUNTYVery large, very well known and popular, long standing, well respected facility for over forty years. Many profit centers plus additional opportunities for more growth. Highly profitable. Main restaurant building over 12,000 square feet plus additional separate 1500 sf takeout building and over 3 acres of parking. Restaurant consistently full and catering is booked at least one year in advance. Seven day operation. Fully operating staff in place and will continue to stay as many employees are long time staff. Absolute turn-key operation. Long term lease for qualified restauranteur at $12.00/sf NNN.Price includes, Business, fixtures, equipment, liquor license and booked catering contracts. Long time owner wants to retire. Real estate and business available for combined price $4,000,000. Must be sufficiently experienced and capitalized to purchase. Possible owner financing to highly experienced and highly financially qualified buyer.Highly confidential and must sign an NDA before any information and/or data will be released.This is the opportunity of a lifetime for an experienced and successful restauranteur.
Exterior Features

Construction Materials BlockBrickFrameShingle SidingStucco Garage YN No Lot Features Additional Lot(S)ClearedCornerLevelPrivate 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 0.00 Building Features Fire AlarmFire EscapeFire-Resistance RatingKitchenMeeting RoomsRefrigerator(S)Security SystemSecurity LightingWalk-In Box Cooling Central A/C Heating Forced Air Heating YN Yes Leasable Area 13500

Property Features

Acceptable Financing CashPrivateSeller FinancingIndustrial Development Authority Accessibility Features 2+ Access Exits36"+ Wide Halls32"+ Wide DoorsLevel Entry - MainWheelchair Mod Assessment Year 2022 Business Type Restaurant/Bar Central Air YN Yes Cooling Fuel Electric Current Use RestaurantBar Heating Fuel Natural Gas Hot Water Electric Municipality Middletown Twp Navigable Water YN N Net Operating Income 500000.00 New Construction YN No Number Of Units Leased 1 Number Of Units Vacant 0 Original MLSNumber 801647123152 Ownership Interest Leasehold Possession 120-180 Days Property Sub Type Retail Purchase Optional YN Yes Sale Type Standard Sewer Public Sewer Tax Annual Amount 6796.00 Tax Assessment Amount 32580.00 Tax Lot 049-0E8 Utilities Above GroundCable Tv Vacation Rental YN No Water Source Public Zoning Gb

Listing courtesy of M Riccardi Agency, Inc.


©2022 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 PORTERPLUS 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: 2022-08-10T12:04:39.323.
 
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