20 Leigh St - Apartments FOR SALE


Clinton Township, NJ 08809
$1,390,000 USD
908-391-6863
20 Leigh St, Clinton Township, NJ for Sale
$1,390,000 USD
Apartments - FOR SALE
1/27
null | 7% Cap Rate

20 Leigh St
Clinton Township, NJ 08809


HIGHLIGHTS

  • Turnkey mixed-use property featuring a fully operational pizzeria business with fixtures, equipment, and proprietary recipes included.
  • Completely renovated inside and out since the current ownership, with ongoing improvements such as new front siding installation.
  • High-traffic location with approximately 50,000 average daily vehicles, offering significant visibility and strong customer draw.
  • Flexible potential uses permitted under zoning for commercial and professional services, including dining, legal, health, and retail operations.
  • Conveniently situated near major routes, including I-78 and Route 31, enabling strong regional connectivity and accessibility.

OVERVIEW

This investment opportunity is a hybrid scenario involving the sale of a mixed-use property and a two-year-old thriving and successful business in Clinton, NJ. SV Pizzeria has 4.8 google rating, and the fixtures, restaurant equipment, and proprietary recipes are being also conveyed in the sale. Seller may opt out of the restaurant opportunity and just become the owner/lessor, alternatively. Cap rate dependent on purchasing property and business or just office and residential spaces. Property includes 4 Multi-Family properties, 4 offices, and 1 restaurant/retail space. Nine incomes per month are possible in this sale. Exterior and interior of entire buildings have been completely renovated. Since this owner purchased the parcel, the buildings internally and externally have been entirely renovated. The front building is presently undergoing new siding installation; the work is pending. 50K ADT and fire suppression system and burglar alarms are in place since 2015. Doors feature code locking mechanisms, and the state cert "green card" is presently being issued (valid until 2031). The buildings are 4500 sq ft, and the courtyard and restaurant seat 66 people (outside seats 60, inside seats 6). This really is a unique and excellent turnkey operation ready for your preview and evaluation. The pizza is as stellar as the business opportunity! See you very soon!

FOR SALE DETAILS

PRICE

$1,390,000 USD

PRICE/SF

$309 USD /SF

# OF UNITS

9

PRICE/UNIT

$154,444

CAP RATE

7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

C-1

APN/PARCEL ID

05-00010-0000-00015

ASK ABOUT THIS PROPERTY

Jack DeCavagnalBerkshire Hathaway HomeServices NJ PropertiesMore Info
908-391-6863

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Jack DeCavagnalBerkshire Hathaway HomeServices NJ PropertiesMore Info
908-391-6863

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