Property
Morrisville, PA 19067 1 Mill Creek Road
$1,800,000
33 more
Presented By: Iron Valley Real Estate Doylestown
SQFT • 5,022
Home Details
A rare opportunity to buy and operate a tavern that has been family owned and operated for fifty two years
Through two full generations. The lucky new proprietor will be purchasing a fully equipped bar with PA State Liquor License and a fully equipped kitchen as well. A ready-built business awaits a motivated proprietor.
Proceeds will include receipts from food and beverage sales. As well as apartment rents and vending receipts. The new business owner will enter into a mutually agreeable lease with the existing property owner.
P.S. The property has received approval for a 1200 Sq Ft. addition to commence in the near future.
P.S.S. The seller is open to financing the sale to some extent. and will be financially creative with an interested buyer
Presented By: Iron Valley Real Estate Doylestown
Interior Features for 1 Mill Creek Road
Other Interior Features
Central Air Y/NYes
Heating FuelElectric, Oil
Heating Y/NYes
Hot WaterOil
General for 1 Mill Creek Road
Acceptable FinancingCash, Conventional
AccessibilityGrab Bars Mod, Low Bathroom Mirrors, Mobility Improvements, Ramp - Main Level, Roll-under Vanity, Wheelchair Mod
Avg. Electric Per Month1100.0
Business TypeRestaurant/Bar
CityMORRISVILLE
Construction MaterialsBlock, Brick, Brick Veneer
Cool FuelElectric
CoolingCentral A/C
CountyBUCKS
Current UseRestaurant
Days on Market263
DirectionsRoute 13 to Mill Creek Road
Electric3 Phases
ExclusionsReal Estate and Inventory
HeatingForced Air, Baseboard - Hot Water
Lease Considered Y/NYes
MLS AreaFalls Twp (10113)
ModificationTimestamp2024-08-15T19:42:06
MunicipalityFALLS TWP
New ConstructionNo
Possession90-120 Days CD
Price Per Sq Ft Total AG358.42
Property SubTypeMixed Use
Property TypeBusiness Opportunity
SewerHolding Tank
Standard StatusActive
StatusACTIVE
Tax Annual Amount16813.0
Tax Assessed Value72920.0
Tax Year2024
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built1960
Year Built SourceEstimated
ZoningLI
Zoning Description4228 Comm: Motel/Hotel, Hotel/Tavern
Exterior for 1 Mill Creek Road
Building Area Total5022.00
Car Parking Spaces70
InclusionsPA State Liquor license. FF&E
Land Assessed Value7760.00
Navigable Water Y/NNo
Other EquipmentNegotiable
Parking FeaturesHandicap Parking, Lighted Parking, Paved Parking, Security/Monitored
Total Loading Docks0
Total Parking Spaces70
Type of ParkingParking Lot
Water Body TypeLake
Water Oriented Y/NYes
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
YOLANDA CASSIDY-BOGAN
Associate
Price
$1,800,000
MLS#PABU2063064
List Date
01/14/2024
Property Type
Business Op
Phone
(973) 868-7789