112 RT. 72 EAST new to site Save Request In-Person Tour Request Virtual Tour
Vincentown,NJ 08088
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $550
MLS Listing ID NJBL2074508
Year Built 1924
Annual Tax Amount $12,654
Tax Year 2023
Lot Size 2.382 Acres
Property Description
A Rare Opportunity to Own a Thriving Business! Located on more than 2.38 acres on a high profile busy highway, this well established Tavern/Restaurant, and 8 rental properties, is a golden opportunity to purchase an income producing commercial property at a competitive price point. A total of three buildings, and two additional lots (see attached survey).
Owned and operating for nearly 101 years, the current owner, only the forth in all that time. The 2K SF Tavern boasts original log cabin aesthetics and blends naturally into its peaceful surroundings. It features a new updated outdoor patio, expanding the available SF for more patronage and entertainment space. There is a full commercial kitchen with a walk-in cooler and walk-in freezer. The new exhaust hood was installed in 2021. And The Liquor License is included in the sale! The rental properties are easy to maintain and easy to rent. There are currently 6 occupied units and 2 under renovation. Please see the listing remarks for the current rental amounts. There are coin operated W/D on the property for tenant use, included in the sale. The sale is As Is but the seller is willing to negotiate and offer concessions to facilitate the sale! Owner is open to seller financing. Bring your Offer and POF and lets make it happen! All reasonable offers will be considered!
Location
State NJ
County Burlington
Area Woodland Twp (20339)
Zoning COM
Interior
Hot Water Electric
Heating Central
Cooling Central A/C,Ceiling Fan(s),Window Unit(s)
Flooring Tile/Brick,Wood,Carpet,Vinyl
Inclusions All kitchen equipment, bar furniture, and outside furniture.
Exterior
Garage Spaces 30.0
Waterfront N
Water Access N
Building
Foundation Concrete Perimeter
Sewer On Site Septic
Water Well
New Construction N
Schools
School District Lenape Regional High
Others
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash
Special Listing Condition Standard