1090 Route 22 - Restaurant FOR SALE


Lebanon, NJ 08833
$1,500,000 USD
908-304-2675
1090 Route 22, Lebanon, NJ for Sale
$1,500,000 USD
Restaurant - FOR SALE
1/17
null | 6.5% Cap Rate

1090 Route 22
Lebanon, NJ 08833


HIGHLIGHTS

  • High Traffic Count 27,000 per day.
  • Liquor License Included.
  • Large Parking lot - Business district.

OVERVIEW

Route 22 Westbound lane to #1090 Next to The Harley Davidson Dealer Remarks: Bar/ Restaurant, Retail 33 liquor license, 2 Homes, & 3 room rentals above the bar, on 3.92 acres. High traffic & high visibility up & down Route 22, lots of parking. Other uses include retail sales as described in the C-1 zone Commerical Business District. Great passive income with 3 rental units. Everything in Bar is included. New bathrooms recently installed in the restaurant. Central AC unit has been recently replaced 2020, furnace & hot water heater replaced 2021 aprx. Agent Remarks: Property has a commercial C-1 zoning overlay designation. Cottage units have separate utilities. Central air for the bar only.Call Agent with any Questions 908 -304 2675 - Owner is Agent . All Negotiable -

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$375 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Refrigeration/Cold Storage

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

3.92 AC

LAND SF

170,755 SF

ZONING

Business district & CROM

APN/PARCEL ID

06-00004-03-00033

ASK ABOUT THIS PROPERTY

Clay MasonLivXMore Info
908-304-2675

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Clay MasonLivXMore Info
908-304-2675

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.