New owners of Coakley's Restaurant & Irish Pub in New Cumberland have announced plans for the building.

Along with several businesses, the owners said in a press statement the vision includes a microbrewery with a restaurant for the first floor of the building at 305 Bridge St.

On Nov. 8, MML Bridge Street LLC purchased the corner building. The group is a partnership between James Mellon of Broomall, the Liddell Real Estate Equity of New Cumberland and Doug Morrow, who is incoming New Cumberland mayor.

A formal announcement is planned for Nov. 16.

The owners said they also envision upscale shops in some of the building's adjoining spaces.

They have signed leases with two businesses, Funtastik and Dead Lightning Distillery. Funtastik is a skateboard and snowboard retail shop scheduled to open Dec. 15.

Dead Lightning is a retail rum and vodka distillery that will have a sit-down area and is targeted to open around Jan. 15. The Pennsylvania Liquor Control Board lists the limited distillery license for the business.

Earlier this summer, Coakley's was part of a judicial tax sale in Cumberland County.

The building had been home to Coakley's Restaurant & Irish Pub. It closed three years ago after operating for more than 40 years.

Owner Tim Hogg had filed for Chapter 11 bankruptcy protection in 2013, and told PennLive the pub was in the midst of restructuring, and he expected to keep the landmark running. But in July 2014, Coakley's closed, much to the disappointment of its local patrons and business owners.