Building Details:
• Year Built: 1900
164 N Loudoun St is located in Winchester, VA.
Highly successful restaurant operation including expandable real estate. 2010 gross sales of $1,630,684 with a net operating income of $253,884. Presently operates five days a week and closed two weeks a year for vacation. Weighted proforma for six days and no vacation closing is $1,931,545 gross sales with a projected NOI of $331,578. Expanded in 2007 from 1605 SF to 4175 SF. Present inside seating is 115 and 14 at two bars and 55 seats for seasonal outside dining. New and not yet introduced first floor expansion ready for new operator brings another 4,120 SF and a third bar for added value offering casual lounge or room for special events. Further added value is upstairs units for conversion to residential use or private event rooms. Situated on the downtown high traffic walking mall and only minutes from on street and municipal parking garages. Variable rate commission. http://sale.svn.com/brewbakers
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- Steve DuBrueler, agent and Rofo Pro