Former home of famous Cab Frye's Bar and Restaurant, property is an investment opportunity to own or lease. This well-maintained, fully-equipped restaurant features seating for over 100, outdoor seating, bar and tavern, updated kitchen, additional kitchen in restored barn for catering. Restaurant is beautifully maintained, over 2 acres of manicured grounds, a destination, countryside location located in a bucolic setting. As INVESTMENT PROPERTY, property offers income from restaurant and 4 apartments, all apartments fully leased with strong tenancy history. Here is an opportunity to lease the restaurant or operate as your business. Restaurant is available for lease at 4,500 dollars/mo. Together, rental income from restaurant and apartments yields in excess of 100,000 dollars/year income. Additional income opportunity from the catering business that is available for sale; it currently yields over 600,000 dollars in annual income. With purchase of property is a liquor "R" license. The liquor license can be leased via a separate management agreement for those interested in leasing the restaurant. This income-producing property is not just a dream-come-true but a once-in-a-lifetime opportunity for those seeking a restaurant-tavern, rural ambiance, apartment income and financial stability. Showings by appointment.
|Days On Site||460|
|Date||Sales||Avg $ Per SqFt||Min Sale Price||Max Sale Price||Med Sale Price|
|Date: Oct 2018||Sales: 1||Avg $ Per SqFt: $205.53||Min Sale Price: $290,000||Max Sale Price: $290,000||Med Sale Price: $290,000|
|Date: Sep 2018||Sales: 40||Avg $ Per SqFt: $127.52||Min Sale Price: $62,000||Max Sale Price: $1,090,000||Med Sale Price: $207,500|
|Date: Aug 2018||Sales: 1||Avg $ Per SqFt: $159.5||Min Sale Price: $215,000||Max Sale Price: $215,000||Med Sale Price: $215,000|
|Date: Jul 2018||Sales: 1||Avg $ Per SqFt: $||Min Sale Price: $58,500||Max Sale Price: $58,500||Med Sale Price: $58,500|
|Date: Jun 2018||Sales: 1||Avg $ Per SqFt: $207.1||Min Sale Price: $630,000||Max Sale Price: $630,000||Med Sale Price: $630,000|
|Date: May 2018||Sales: 1||Avg $ Per SqFt: $||Min Sale Price: $250,000||Max Sale Price: $250,000||Med Sale Price: $250,000|
|Avg $ Per SqFt:||$205.53|
|Min Sale Price:||$290,000|
|Max Sale Price:||$290,000|
|Med Sale Price:||$290,000|
|Avg $ Per SqFt:||$127.52|
|Min Sale Price:||$62,000|
|Max Sale Price:||$1,090,000|
|Med Sale Price:||$207,500|
|Avg $ Per SqFt:||$159.5|
|Min Sale Price:||$215,000|
|Max Sale Price:||$215,000|
|Med Sale Price:||$215,000|
|Avg $ Per SqFt:||$|
|Min Sale Price:||$58,500|
|Max Sale Price:||$58,500|
|Med Sale Price:||$58,500|
|Avg $ Per SqFt:||$207.1|
|Min Sale Price:||$630,000|
|Max Sale Price:||$630,000|
|Med Sale Price:||$630,000|
|Avg $ Per SqFt:||$|
|Min Sale Price:||$250,000|
|Max Sale Price:||$250,000|
|Med Sale Price:||$250,000|
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
Information Deemed Reliable But Not Guaranteed
The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
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.
Copyright BRIGHT, All Rights Reserved