Vincentown NJ Commercial for Sale
$1,100,000
112 Rt. 72 East Vincentown, NJ 08088
- Type:
- Multi-Family
- Sq.Ft.:
- 4,500
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.38 Acres
- Year built:
- 1924
- Baths:
- MLS#:
- NJBL2074508
ADDITIONAL INFORMATION
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!
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Vincentown Real Estate
The median home value in Vincentown, NJ is $233,900. This is lower than the county median home value of $316,600. The national median home value is $338,100. The average price of homes sold in Vincentown, NJ is $233,900. Approximately 64.94% of Vincentown homes are owned, compared to 16.34% rented, while 18.73% are vacant. Vincentown real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Vincentown real estate agent to arrange a tour today!
Vincentown, New Jersey has a population of 443. Vincentown is less family-centric than the surrounding county with 24.64% of the households containing married families with children. The county average for households married with children is 32.09%.
The median household income in Vincentown, New Jersey is $96,250. The median household income for the surrounding county is $95,935 compared to the national median of $69,021. The median age of people living in Vincentown is 39.7 years.
Vincentown Weather
The average high temperature in July is 86.9 degrees, with an average low temperature in January of 23.2 degrees. The average rainfall is approximately 47 inches per year, with 14 inches of snow per year.