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The former Arby's is available for lease or purchase. Arby's ceased operation in Spring of 2023 due to health reasons but had been in business since 1987 catering to local watermen, fishermen, boaters, and tourists. All business has been cash only and generated organically with zero marketing/advertising. They also never sold cigarettes or lottery which has huge future income potential. Restaurant features a full bar, kitchen, outside seating and many refrigerators and coolers. There was a general store that could be restocked or converted into additional restaurant space. Property is fronted by county owned property and a public boat ramp.
| DAYS ON MARKET | 235 | LAST UPDATED | 4/25/2024 |
|---|---|---|---|
| YEAR BUILT | 1987 | COMMUNITY | Somerset West of Rt-13 (20-01) |
| COUNTY | SOMERSET | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Feb 1, '24 | $515,000 |
|---|---|
| Feb 1, '24 - Apr 25, '24 | $400,000 |
| Apr 25, '24 - Today | $350,000 |
| ADDITIONAL DETAILS | |
| APPLIANCES | Electric Water Heater |
|---|---|
| AREA | Somerset West of Rt-13 (20-01) |
| BUYER'S BROKERAGE COMPENSATION | 3 |
| HEAT | Electric, Heat Pump |
| LOT | 0.5 acre(s) |
| LOT DIMENSIONS | 0.00 x 0.00 |
| SEWER | Septic Tank |
| TAXES | 2499 |
| WATER | Private |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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