$700,000
$725,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
3,420 SqFt
SOLD DATE : 06/21/2022
Key Details
Sold Price $700,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,420 sqft
Price per Sqft $204
MLS Listing ID NJSO2000924
Sold Date 06/21/22
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $8,924
Tax Year 2021
Lot Size 0.382 Acres
Acres 0.38
Lot Dimensions 0.00 x 0.00
Property Description
Great Opportunity. Fully Renovated apartment and Deli for sale. Complete running delicatessen business and the property, including an apartment for Owner Operation. Commercial Kitchen, set with Walk-in Cooler with all the equipment recently renovated. The owner is currently doing $1000.00 to $ 1,200 per day. The business is primarily breakfast and Lunch. There is vast potential to grow more if owner-operated with a couple of extra hands. Adding GrubHub & UberEats could increase income. Have plenty of free time in the evenings if you choose to close around 5.00 pm since the business slows down for dinner. Or you could introduce other dishes like Pizza to improve the sales. Will provide Income & Expenses upon request. Lotto, ATM, and Cigarette Milk sales are improving. Excellent location. Residential and business community. Currently, the business operates from 5.00 am to 7.00 pm Monday thru Friday. 7.00 am to 2.00 pm on Saturday and 9.00 to 1.00 pm on Sunday. According to the owner, Google ratings are 4.6 plus for the owners quality of the Food and Customer Service.
Agent Remarks: Location Location Location. The property is improved and includes a three-bedroom apartment with a retail storefront. The owner can stay in the apartment and can run his own business. The current owner recently bought and developed the business. He is relocating for the children's education purpose.
The sale includes Property & Business. It does not include the inventory. The inventory is between $10,000 to $15,000 on top of the purchase price.
Location
State NJ
County Somerset
Area Hillsborough Twp (21810)
Zoning RA
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling Central A/C
Flooring Carpet, Ceramic Tile, Laminated
Equipment See Remarks
Heat Source Natural Gas
Exterior
Garage Spaces 16.0
Utilities Available Phone, Phone Connected, Under Ground, Water Available
Waterfront N
Water Access N
Roof Type Architectural Shingle
Street Surface Black Top
Accessibility 36\"+ wide Halls
Road Frontage Boro/Township
Total Parking Spaces 16
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Hillsborough Township Public Schools
Others
Tax ID 10-00077-00001 01
Ownership Leasehold
SqFt Source Assessor
Security Features Fire Detection System
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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