Listing Courtesy of Coldwell Banker Advantage
$59,000
Staten Island, NY 10308
MLS# 1164343
2684 sqft
1 / 9
Property Description
This popular turnkey bar located in the heart of Great Kills is a great opportunity. The two-story building not only includes the bar but also offers a three-bedroom, one-bath rental unit, with $1800 allocated towards the monthly rent. The bar itself has undergone a complete renovation and boasts impressive features such as ten TV screens, a six TV screen video wall, a brand new walk-in box, and new boilers. The presence of a small kitchen allows you to sell food, which can be a significant additional revenue stream for the bar. Additionally, an outdoor patio provides an excellent space for additional entertaining, especially during favorable weather conditions. Overall, this turnkey bar seems to offer a well-equipped and updated establishment, along with the potential for multiple income streams. It could be an attractive option for someone looking to enter or expand their business in the hospitality industry.
Details
Maps
Address/Legal
Street No.: 18
Street Name: Nelson
Street Suffix: Avenue
County: Richmond
State: NY
Zip Code: 10308
Area Name: Great Kills
Section: South Shore
Parcel ID: 05215-0024
Contract/Location Information
Status: Active
Listing Date: 2023-09-07
List Price: $59,000
Current Price: $59,000
List Price/SqFt: 21.98
Sub-Type: Food and Beverage
Zoning: R3 A
Block: 05215
Lot: 0024
CofO: No
List Type: Exclusive Right to Sell
Owner Finance: Yes
General Property Info
Business Name: Ole Swiss
Year Built: 2021
Taxes: 6376
Tax Abated: No
Building SqFt: 2684
Total Units: 2
No. of Heating Units: 1
Air Conditioner: Units
Lease: Yes
Monthly Rent: 5500
Public Remarks: This popular turnkey bar located in the heart of Great Kills is a great opportunity. The two-story building not only includes the bar but also offers a three-bedroom, one-bath rental unit, with $1800 allocated towards the monthly rent. The bar itself has undergone a complete renovation and boasts impressive features such as ten TV screens, a six TV screen video wall, a brand new walk-in box, and new boilers.
The presence of a small kitchen allows you to sell food, which can be a significant additional revenue stream for the bar. Additionally, an outdoor patio provides an excellent space for additional entertaining, especially during favorable weather conditions.
Overall, this turnkey bar seems to offer a well-equipped and updated establishment, along with the potential for multiple income streams. It could be an attractive option for someone looking to enter or expand their business in the hospitality industry.
Income & Expenses
Gross Income: 40000
Total Expense: 15000
Net Income: 25000
Property Features
Business Type: Bar/Tavern/Lounge; Food & Beverage
Electric: 220
Heat Source: Gas
Heat System: Forced
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is 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.