Property Type: Mixed Use
Description: Restaurant with 5 rental apartment units in Ulster Park on Broadway/9w high visibility and traffic. Successfully operated as LaRoma restaurant for the past 18 years. Turn key includes business and real estate. The restaurant is fully equipped and is currently operating 7 days per week. Many updates including a new Point of Sale system. Dining area has a current seating capacity of 87. The restaurant also features a separate, private party room on the lower level. The apartments are one bedroom (2), two bedroom (2) and a three bedroom.
Apartment 1 is a three bedroom, 1 bath apartment with its own electric meter. Apartment 2 is a one bedroom, 1 bath with a deck. Heat is split between apartments 1 and 2 and the furnace is 1 year old. Apartment 3 is a two bedroom, 1 bath apartment with a deck and electric heat, separate meter. Apartment 4 is a one bedroom, 1 bath apartment with electric heat and separate meter. Apartment 5 is a 2 bedroom, 1 bath and utilities are split with the restaurant, included in tenant's rent. Tenancy has been long term, several over 5 years and one 12 years. No leases, all are month to month.
NUMBER OF UNITS: 5
ELEMENTARY SCHOOL: Graves K-4
LOT DIMENSIONS: 1 Acre