38 Tuckahoe Rd, Dorothy, NJ 08317
Atlantic County
Key Facts
Description
Award Winning Tavern with Liquor License, 3 Acres, and Rental Income Property Included. Take ownership of The Root Cellar Tavern, a beloved local landmark that is ready for immediate operation. This award winning establishment offers a rare combination of a thriving business, a valuable liquor license, and income generating real estate all in one package. Priced aggressively at $525,000, this is a comprehensive turn key opportunity for the serious restaurateur or investor. Restaurant and Bar Highlights Valuable Liquor License: The sale includes a Plenary Retail Consumption License (Type 33), a highly sought after asset that drives high margin sales. High Capacity Venue: Features a full service indoor dining area and bar that comfortably accommodates 148 guests. Outdoor Revenue Potential: The property sits on 3 acres of cleared land featuring a dedicated outdoor bar. This space is perfect for hosting events, private parties, and maximizing summer revenue. Operational Readiness: The business comes fully equipped with ample parking for high volume nights and three oversized sheds for organized storage. Real Estate and Rental Income: Maximize your investment with the attached residence. The sale includes a spacious 1,700 square foot Cape Cod style home featuring 4 bedrooms and 2 bathrooms. Immediate Cash Flow: The home is currently rented on a month to month basis, providing you with immediate passive income to help offset mortgage costs. Versatility: This space is ideal for an owner operator residence, staff housing, or continued use as a rental property. Why This Investment Works: This is a true turn key sale. The Root Cellar Tavern has a consistent year over year track record and a loyal community following. You are buying a complete lifestyle and business package that is ready for you to open the doors tomorrow. Contact us today to schedule a private viewing of this unique hospitality offering.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Style
Comm. w/Apartments / Liquor License / Restaurant & Bar
Stories
3
Lot Size
3.27 acres
Days on Market
84
MLS® Listing#
604797
Property Features
Cooling
Heating
Basement
Construction
Roof
Security
Water Source
Financial Details
Annual Taxes
$11,497
Affordability Calculator
$105,000
Estimated monthly payment
$2,794/mo
Principal $420,000 · Est. interest $585,937 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Dorothy, NJ
- $500,000
- Median Listing Price
- 27
- Median Days on Market
- 1,568
- Median Sq Ft
- $335
- Median Price / Sq Ft
- 2
- Active Listings
- This home’s price is 5% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Dorothy, NJ.
Location
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Points of Interest in Dorothy, NJ
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 54 TUCKAHOE ROAD, DOROTHY, NJ | $375,000 | — | — | 4,500 |
| 54 Tuckahoe, Dorothy, NJ | $375,000 | — | — | 5,000 |
| 46 Cape May Avenue, Dorothy, NJ | $525,000 | 3 | 2 | 1,568 |
| 38 TUCKAHOE ROAD, DOROTHY, NJ | $525,000 | — | — | 5,200 |
| 46 CAPE MAY AVENUE, DOROTHY, NJ | $525,000 | 3 | 2 | 1,568 |
Moving Cost Estimate
EXIT Agents in Dorothy
Listing Courtesy: KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE - 6092667676