$1,100,000
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112 Rt. 72 East Vincentown, NJ 08088 Municipality: Woodland Twp
Multi-Family
Residence
Beds
Baths
4,500
Sq. Ft.
2.38
Acre
Lot
Property Activity
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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 thre...e 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!
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MLS#
NJBL2074508
Property Type
Multi-Family
Year Built
1924
Square Feet
4,500
sq. ft
Price per Sq. Ft.
$169.23
Lot Size
2.38
Sewer
Septic
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