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Hatboro,PA 19040
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $125
MLS Listing ID PAMC2147688
Year Built 1950
Tax Year 2025
Property Sub-Type Retail
Source BRIGHT
Property Description
Exceptional Opportunity: Turnkey Restaurant & Event Space with R Liquor License
This is a rare chance to acquire a fully operational and extensively updated restaurant and event venue, complete with an R liquor license and occupancy for up to 289 guests. Spanning 8,000 square feet on the main level, the property underwent significant renovations in 2024, resulting in a modern, high-capacity hospitality space ideal for dining, private events, and entertainment.
Key features include:
Full-service commercial kitchen
Including new flooring, lighting, HVAC, A/V systems, draft beer and wine systems, and outdoor dining furniture
Main Bar Area (60' x 60'): 40 bar stools, 40 beer taps, 8 wine taps, 12 TVs, seating for 64
Dining Room (23' x 33'): Seats 60 guests
Loft Lounge (33' x 34'): Seats 32, includes private office
Function Rooms: Accommodate 80 and 40 guests; one features a full bar, the other projection equipment
Outdoor Patio (90' x 8'): Seats 28
Host Area: Includes reception desk and lounge with leather seating
Kitchen & Equipment:
Main Kitchen (38' x 25'): Outfitted with a 10-burner range, salamander, broiler, flat top, brick pizza oven, 3 double fryers, leased double dishwasher, grease system, 8 refrigeration units, ice machine, and Ansul fire suppression
TOAST POS System: Includes 4 monitors, 12 handheld devices, and 4 kitchen display screens
Lower Level:
Second Kitchen (38' x 25')
Walk-in Coolers & Freezers: Beer cooler (10' x 20'), walk-in (15' x 8'), 4 freezer boxes, 2 upright freezers
Additional Amenities: Storage rooms, workshop, office, employee restroom, utility systems (CO2/nitrogen, water softener, 2 Pepsi BIB towers, 20 metro shelves)
Recent 2024 Upgrades Include:
New flooring, furniture, bar, kitchen equipment, HVAC systems, restrooms, A/V systems, draft lines, and enhanced exterior dining space.
Lease Terms: Approximately 9 years remaining, with renewal options available.
Sale Includes: Business name and assets of Ross and Co., and the R liquor license.
Sale Excludes: Real estate (building is not included).
Location
State PA
County Montgomery
Area Hatboro Boro (10608)
Interior
Hot Water Natural Gas
Heating Forced Air
Heat Source Natural Gas
Exterior
Garage Spaces 9.0
Water Access N
Accessibility Level Entry - Main
Total Parking Spaces 9
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Hatboro-Horsham
Others
Tax ID NO TAX RECORD
Ownership Leasehold
Special Listing Condition Standard