For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $875,000
Property Type Commercial
Sub Type Restaurant
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 221348
Sold Date 12/07/22
Annual Tax Amount $7,307
Tax Year 2021
Lot Dimensions 100 x 90
Property Description
The Doo Wop Drive In! Exceptional Location and Opportunity! Fully equipped and ready to go! Contact your agent for a full list of contents and upgrades. Property/contents description: One of the newest restaurants built in Wildwood Crest, 2010 13 parking spaces w/ 1 handicap Allowance for up to 99+ seats (estimated in compliance w/ parking) If the back bathroom is utilized for guests, the seating capabilities can be 150+ There is a current city allowance for outdoor seating and there is a possibility of this becoming permanent There is an allowance for seating on the front/side of building (bistro style) no encroachment on sidewalk. FULL Turn-Key operation in pristine working order, ready to go NOW for 2022 season. 2 year old POS system from DBS includes 3 terminals, 3 kitchen printers, 3 credit card terminals, back house CPU and support for a year. ALL Bain Maries have been serviced and are in great working condition ALL refrigerators have been serviced and are in great working condition ALL grill/stoves/fryers have been thoroughly taken care of. Seasonal degreasing and maintenance performed regularly. Extra NEW gas valves, thermostats on hand for backups. Walk-IN freezer is very spacious and serviced regularly to produce negative cold readings consistently Walk-IN refrigerator is very spacious, serviced regularly and will produce consistent cold temperatures. Building has 3 year old Commercial Use Tankless water system with water filters to secure clean water for personal and commercial use. 1 ice machine, 4 years old, under the counter, Great working order1 ice machine (leased yearly, $900) 500 lb hopper, Vineland Syrup Co. ALL Pepsi equipment leased (free) belongs to Pepsi except for one oversized Pepsi cooler which will be included in sale. 2 waffle irons leased (free) belong to Heartland Food Distributors ALL small wares included, enough for buyer to completely utilize immediately ALL China, Glass, Silverware included as well to utilize immediately ALL wall décor/neons/signs included (exception of family photos) Fully functional HOT/COLD indoor power washer station with hook ups throughout kitchen for regular maintenance, all floors are pitched to drains for easy cleaning. Dishwasher is brand new but leased monthly through Termac Corporation. Will provide chemicals but must lease, you have the option to lease/purchase but will need to be determined before sale of property. Full designated loading zone out back for deliveries Clean and spacious Trash/Dumpster area. 2 dumpsters included. 2 oil drums are owned by Mopac and are leased, free oil pickups but still not included in sale of property. Hood System: 4 Master fans in working order, yearly cleaning and maintenance, current inspection included (2022) 2 Return make up air fans, both replaced last year and in 100% working order VERY important – Cumberland fire & Protection Co. recently (May 2022) did a 12 year tank removal for recharge and inspection in ordnance with the state of NJ Fire Prevention. This not done every year but every 12 years. This is the 3k costly inspection for those that have operated a kitchen before. service records included. AIR CONDITIONING/HEAT – Entire building has Heat and air conditioning. 3 York Units, 1 unit heat/cool for main restaurant, 1 unit air conditioning for additional restaurant use. 1 unit heat/air conditioning for upstairs apartment. Top of the line compressors/handlers. Just spent 15k in a complete overhaul of York unit #2 air conditioner for restaurant. Now has life expectancy of 15+ yrs. All service records included. **ALL equipment, in house, since maintenance and regular service has been kept in indoors with heat through out winter. As people know seasonal town leave equipment in vacant buildings with no heat on. Minimal deprecation on all equipment occurs when left in climate controlled rooms. Outside closet/storage Back door has roll down flood/security gates
Location
State NJ
County Cape May County
Area Wildwood Crest
Zoning Commercial
Interior
Heating Gas Natural
Cooling Central Air Conditioning
Exterior
Exterior Feature Restrooms
Parking Features 11 Or More Spaces, Off Street, Paved
Parking On Site 11
Building
Sewer City
Water City
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with BLUE HOMES REAL ESTATE LLC