1/2 Acre Corner Rt 9 Property selling below appraised value

Asking Price$1,150,000

Gross Revenue
$850,000

Net Operating Income$80,000

FF&E$200,000
Included in asking price
Building Sq. Ft.4000

Price per Sq. Ft.$2,250.00

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1/2 Acre Corner Rt 9 Property selling below appraised value


Asking Price$1,150,000

Gross Revenue
$850,000

Net Operating Income$80,000

FF&E$200,000
Included in asking price
Building Sq. Ft.4000

Price per Sq. Ft.$2,250.00

Property Description
Well established 55 years . reporting over 800k , upside to volume and larger menu , with major anchor traffic adjoining property- Appraised value for land and building only. $ 1.195 mm
SBA financing with 10% down
About the Property
Type
Retail
Building Status
Established
Facilities & Assets
High visibility corner , adjacent to couple of the largest retailers in NJ -=
RARE OPPORTUNITY, GENERATIONAL PROPERTY AND LOCATION ..
Location Description
as needed
Current and Prior Use
same use for 55 years
Year Built
1950
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Current Property Expenses
TAXES 12K
Listing Info
ID:
2379516
Listing Views:
242
Attached DocumentsAttachment Disclaimer

510_North_sal_1_1_.pdf


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Property Listed by: Thierry Smith 1st Jersey Commercial/Rosetto Realty

Listing ID: 2379516 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.