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109 US Highway 206
Stanhope, NJ 07874

Salt Gastropub · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
3,260 SF
Year Built
1980
Tenancy
Single
Building Height
2 Stories
Building FAR
0.07
Lot Size
1.00 AC
Zoning
VB
Parking
15.34 Spaces per 1,000 SF Leased

Amenities

  • Restaurant
  • Signage

About 109 US Highway 206 , Stanhope, NJ 07874

Located on bustling Route 206 in Byram, NJ and uniquely situated on a sprawling one-acre lot with no neighbors nearby, Salt was the very first gastropub in NJ. Way ahead of the curve, they pioneered craft beer in the area, offering 80+ beers when they opened in 2008. Now they are experiencing renewed energy thanks to many new residents who have moved into the area. This is the perfect time for a new owner to step in. Featuring a lovely propane stone fireplace in the dining area, Salt is a hub for live music. They are renowned for their creative cuisine and signature cocktails. Gross sales over the past 6 years averaged $1.1M, and there is room for growth by adding lunches and on and off premises catering. This presents a fantastic opportunity for new blood to take Salt to the next level with another revenue source. This rustic, comfortable restaurant is 3260 sq. ft with a one bedroom apartment upstairs which recently underwent renovation. The roof is brand new and adding a rooftop deck would also be possible. The parking lot is located at a trailhead called The Salt Spur which is very rare and draws many mountain bikers, hikers and nature lovers who have become loyal patrons of Salt. This is a great chance to purchase a large private piece of property and a reputable business with a liquor license– Perfect for a chef owner/operator. Schedule your showing today to see all that Salt has to offer.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-00070-0000-00009
Land Assessment
$115,000
Improvements Assessment
$429,900
Total Assessment
$544,900
  • Listing ID: 24679093

  • Date on Market: 12/16/2021

  • Last Updated:

  • Address: 109 US Highway 206, Stanhope, NJ 07874

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