The Home Experts For You Real Estate Team’s commercial division has listed Ted’s Place Restaurant & Pizzeria at 103 Spring Mill Avenue in Conshohocken for sale. Please note that “Ted” is planning to keep the restaurant open until it is sold. The business is for sale, not the building. Whoever buys the business will need to lease the property. Commercial broker Gary DeMedio provides full details below:
Popular Conshohocken restaurant is available for sale. Currently operating as a pizzeria/restaurant. **Must purchase business ($225,000 for all FF&E at Ted’s Place Restaurant and Pizzeria) in order to lease this great property.** A triple net lease is available for approximately 2,800 sq.ft. (including the basement storage) and also comes with access to the 10 car private parking lot located beside the business. Excellent exposure! Capability for two big signs that can be seen from Fayette Street. This is a corner property located about a block off of Fayette st, and is surrounded by tons of office buildings and numerous restaurants/bars. Walking distance to public transportation (including train and bus routes), shops, businesses, bars, and easy access to all major highways! Several apartment & condo complexes are just steps away. Located in Conshohocken’s Enterprise Zone with potential funding via Conshohocken’s Economic Development Corp. Long term favorable lease terms available to qualified buyers. On top of the private parking lot, this business is located directly across the street from the Municipal parking garage, providing plenty of public parking space.
The business is for sale for $225,000. The lease for the space is $4,000 per month. For more information call (267) 277-2405 or Info@HomeExpertsForYou.com.