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The Stanhope House - Multi-family Opportunity 45 Main St 7,000 SF Retail Building Stanhope, NJ 07874 $1,795,293 CAD ($256.47 CAD/SF)
Investment Highlights
- Restaurant & Bar (liquor license)
- Close Proximity to Route 80, Lake Hopacong
- 1 Acre Corner Lot - Development Potential
Executive Summary
Famous Bar & Restaurant in Stanhope, NJ for sale. Great opportunity for an owner/user or a developer to reposition and develop the 1 acre corner site. The Stanhope House closed its business in 2025, after a long standing operational history that hosted famous acts ranging from Ray Charles to Stevie Ray Vaughn & others. The interior layout includes 2 bars, 2 stages, a full kitchen and an outdoor bar area. The upstairs of the building has office and residential space.
The property is positioned within close proximity to Lake Hopatcong, Bell's Mansion, Route 80 local retail.
Inquire for more details.
The property is positioned within close proximity to Lake Hopatcong, Bell's Mansion, Route 80 local retail.
Inquire for more details.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Retail
Property Subtype
Bar
Building Size
7,000 SF
Building Class
B
Year Built/Renovated
1794/2010
Price
$1,795,293 CAD
Price Per SF
$256.47 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.16
Lot Size
1.03 AC
Zoning
VB - Village Business
Frontage
500’ on Main Street
Amenities
- Restaurant
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 19-11207-0000-00008 | Improvements Assessment | $495,587 CAD |
| Land Assessment | $174,586 CAD | Total Assessment | $670,173 CAD |
Property Taxes
Parcel Number
19-11207-0000-00008
Land Assessment
$174,586 CAD
Improvements Assessment
$495,587 CAD
Total Assessment
$670,173 CAD
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The Stanhope House - Multi-family Opportunity | 45 Main St
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