Penny Lane Realtors
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Retail 6 Store strip mall. All have leases of 1 to 5 years, all leases are triple net. Next door to Brick House Tavern. Leasing 2 stores and other 3 units are nail salon, massage polar, beauty store. Gross triple net $18,200.
30 Year Business operation on County road with strip mall parking, both front and rear of site. The owner does delivery and the restaurant accommodates 20 people. 5-year option starts in May additional options are available upon request.
Downtown high visibility location with high return on investment (9%) to start. Renovated building with off street parking for 4 cars in the back. Opportunity zone - tax benefits. The building can be expanded - 9% cap rate - WOW!!!
Just reduced. Cap rate is over 8.5%. All units are rented. Current rent roll is is approximately $12k per month. This property includes 2 residential units each consisting of 3 bdrm/1 bathroom apartments. An operating hair salon, smoke shop, biker's club, and a construction contractor's office. Enjoy the revenues with little or nor work as almost everything has been renovated. New HVAC system, new roof, boiler. Each unit as separate utilities. 3 units have brand new Central A/C. A dedicated 5 car parking lot is in the rear of the building. On-street parking is also available. The roof was replaced in 2021, so less than 3 years old. All retail/residential units were all renovated recently and so this is as turnkey as they come. Lots of storage in this building as there are several basements. The construction contractor's office is owned by the seller, so they can move if you would like to occupy this retail space or they can sign a lease agreement. Yearly gross income - $136k, Expenses - $42k, Net operating income = 94k
Welcome to a culinary gem nestled in the vibrant heart of the city! This charming bistro, now available for sale, offers an exquisite dining experience that captivates both locals and visitors alike.With a prime location, cozy ambiance, and a stellar reputation, this restaurant presents a lucrative opportunity for aspiring restaurateurs.Situated in a bustling area with high foot traffic, the restaurant enjoys visibility and accessibility, ensuring a steady flow of customers.The interior is tastefully designed, creating a warm and inviting atmosphere.With a loyal customer base and positive reviews, this bistro has become a local favorite.Benefit from the goodwill built over the years.The sale includes all equipment and furnishings making it a seamless transition for the new owner to step in and continue the legacy.Whether you're an experienced restaurateur seeking a new venture or a passionate individual eager to enter the culinary world, this restaurant for sale is a rare opportunity!
Great Commercial Space For Sale! 3 large Office spaces and 3 large garage spaces with overhead doors, 12 ft ceilings and loft area. Perfect location in a light industrial area. Come take a look and explore the possibilities!
Ever thought of Becoming a Business Owner? Here is your perfect opportunity. Perfectly situated Barbershop & Hair Salon in Prime location between a Train Station, Bus Stop, and local Ferry. Picture yourself in a world where every haircut is a masterpiece & offer that service to the rest of the community. This barbershop comes complete with top-of-the-line chairs & cutting-edge equipment, ensuring you can continue satisfying existing clients. As the new owner, you'll inherit a loyal & talented team of full-time barbers. These professionals are passionate about their work & their reviews/loyal clientele, attest to the flourishing business. Don't let this opportunity slip through your hands, success favors those who act fast & diligently work on turning their dreams into a reality.
Ever thought of Becoming a Business Owner? Here is your perfect opportunity. Perfectly situated Barbershop & Hair Salon in Prime location between a Train Station, Bus Stop, and local Ferry. Picture yourself in a world where every haircut is a masterpiece & offer that service to the rest of the community. This barbershop comes complete with top-of-the-line chairs & cutting-edge equipment, ensuring you can continue satisfying existing clients. As the new owner, you'll inherit a loyal & talented team of full-time barbers. These professionals are passionate about their work & their reviews/loyal clientele, attest to the flourishing business. Don't let this opportunity slip through your hands, success favors those who act fast & diligently work on turning their dreams into a reality.
RENOVATED MIXUED USE PROPERTY. Spa Currently on the first floor . Plenty of parking . . 2 RESIDENTIAL UNITS ON SECOND FLOOR. Located in a residential area, this property is a great income producer. Large Lot and plenty of parking. walk to schools and parks and NYC transportation. Commercial unit updated in 2018.Hardi plank and stucco exterior. any appliance in the units not owned by tenants included. Tenants pay gas and electric. tenants pay Garbage. Commercial tenant pays lawn maintenance . Apartment B new kitchen and reshined hardwood floors . Apartment A window AC units . Apartment B split A/C system . Commercial space has Central AC forced air . Garage rent extra 300 per month. $3000 month rent for commercial unit per month, each apartment is $1500 per month Landlord pays the water.
Prime Location! Historic bank building on Chestnut st in Roselle. Offers an ideal location for business, centrally located, and easily accessibly by major routes and highways. Property is located in a business/commercial zone and is approximately 8,400 sq/ft.
This 1,200 sq ft restaurant space in a prime residential area offers a 7-year lease at $3,100/month. It features 24+ seats, a 100-car parking lot, and a 12-camera security setup. Located near a senior home, Domino's, high schools, and universities like Union County College and Kean University, it has robust transport links with a nearby bus stop to NYC and a train station. Partnered with UberEats, GrubHub, and DoorDash, and with its own app and website, the restaurant is well-integrated into digital ordering platforms. Potential to either continue with the existing franchise or establish a new brand, with monthly revenues ranging from $30,000 to $45,000. Operating hours are 11 am to 10 pm Mon-Sat and 12 pm to 9 pm Sun. Positioned close to a county highway surrounded by Wawa, Aldi, and a hospital, the restaurant operates with four employees and offers delivery through Cisco. The franchise opportunity includes comprehensive training, with added benefits like a BYOB policy, making it a desirable 2nd generation restaurant venture.
Building has no gas. Gas in street for hook up. Owner since 1958. Has 800 sq. ft. Rear rental $1,400 a month on Lexington Ave. side of entrance. One hot water baseboard heat through out, seperate thermostat. Rear unit rental has separate central air, front unit has wall air conditioner. Owner pays heat and hot water for rental unit. Building is environmentally clean with approved permits. Rear garage has 800-1000 sq. ft. with 2 electric overhead remote controls. Side on concrete slab is 6x8 loading dock to front unit. Rear of building has a radio tower not in use, it was previously rented to a mobile company. Rental lease on rear unit has 18 month before termination. All permits obtained for occupancy. Owner may need up to 6 months torelocate and may need a use of occupancy if necessary.
WOW!! LONG TIME GOODWILL, GENERATING TONS OF PROFIT. GREAT LOCATION TO CONVERT TO A FAST FOOD FRANCHISE OR KEEP SAME OPERATION. SEVERAL DECADES OF OPERATION, GREAT VISIVILITY. EXTENSIVE REGULAR CLIENTELE AND GREAT PRODUCTION OF INCOME AND HUGE POTENTIAL TO EXPONENTIALY INCREASE THE SALES.
Welcome to 147 Chestnut St, a prime mixed-use corner lot property offering an exceptional opportunity for investment in the heart of Roselle Park, NJ. This well-maintained 100% leased property boasts a perfect blend of commercial and residential spaces, providing a dynamic setup for various business ventures. The ground floor features a spacious commercial store unit and with high visibility and foot traffic, this area offers a lucrative opportunity for any business to thrive. Currently, it is leased to a successful deli market. The upper level has a residential space with living quarters that feature two apartments " a 2 bed/1ba and a 1 br/1 ba. Bright and airy interiors complemented by features like hardwood floors, updated kitchens and baths and plenty of natural light create an inviting atmosphere for daily living. Conveniently located in a bustling area, this property enjoys close proximity to essential amenities like shops, restaurants, parks, and public transportation options. Residents and businesses alike benefit from easy access to major highways and commuter routes, enhancing the property's desirability and accessibility. Don't miss this opportunity to own a versatile property with endless possibilities in Roselle Park. If you're an investor seeking an already profitable asset with amazing tenants as well as a Value Add, 147 Chestnut St offers the ideal canvas for success. Schedule a showing today and unlock the potential of this exceptional mixed-use property!
Completely renovated class A office space close to all major highways. Brand new plumbing, electric, roof, windows and much much more. The building is a total of 6000 sq. ft. between all 3 floors. There are 6 bathrooms, 3 on the 2nd floor, 2 on the 1st floor and 1 on the lower level. There are a total of 15 parking spaces exclusively to the building. Great use for Office, Administration and Medical.
Brick Medical Office Building for sale. Currently fully leased. Perfect for the end user or investor. Freestanding building offering parking for 49+ cars. large full Ten ft. deep basement w/sprinkler and storage, with upside additional rent potential. Three stop elevator. 5-200 amp electric and 4 HVAC systems. Marvin integrity low-e windows. 8 lavatories (2) per suite, (4) gas services, (4) water services. Generating over $12,000 monthly income. Explore the potential for growth and success in this prime commercial space. Convenient to Major Highways, Malls and Rutgers!
Fully equipped & established Bar/Restaurant Mexican themed. Seating available for 100 guests. Liquor license included in sale. Building & business for sale. Off street parking & additional parking available off site.
Eight family building for sale in desirable Kenilworth. This property features 5 two-bedrooms, 3 one-bedroom apartments with four on each floor. The property also has an over-sized lot that is currently being used as yard rental space. There is active contamination remediation going on onsite which is registered with the DEP. More information on this on file. Cash preferred or private financing that wont require clean environmentals.
12 YEARS IN BUSINESS: USED CAR DEALERSHIP FOR SALE (IF INTRESTED IN CURRENT - CAR INVENTORY TO BE SOLD @ BOOK VALUE) PARKING FOR 20-25 CARS (ALL CARS SOLD WITHIN A YEAR PERIOD WILL RECEIVE 1 YEAR OF FREE MAINTANCE OF THE FOLLOWING: REGULAR OIL CHANGE-TIRE ROTATION-COMPUTERIZED ALIGNMENT) Make This Reputable high traffic Business your Next Project for your Portfolio.
Excellent investment commercial property. 2 Apartments and 2 commercial units. Each apartment has 3 bedrooms and 1 bathroom, EIK, formal living and dinning room. Front and back entrance, Central AC and Force Air Heat. all utilities are separated. First Floor Store $1,500; 2nd Floor Office $$2,000; 3rd Floor apartment $2,200 and 4th Floor Apartment $2,200. Parking for up to 15 cars.
Seize this lucrative investment opportunity with a unique duplex that hasn't graced the market in over half a century. Located at a desirable corner lot, this multi-use propertyfeatures a sprawling layout with 6 bedrooms and 3 bathrooms, accommodating a diverse range of professional and personal needs. Envisioned as a two-unit duplex with additional spacesideally suited for professionals such as doctors or lawyers, it includes a fully equipped office space that epitomizes professional grandeur.Step inside to discover a living space rich withpotential, featuring expansive living and dining areas, a generously sized kitchen, and ample bedroom spaces distributed across the upper floors. The property's grandeur is enhanced byprofessionally landscaped grounds that frame a stunning custom inground pool with a waterslide, creating a serene oasis for relaxation or entertainment.Adding to its accessibility, a busstop directly in front of the home offers convenient transit to NYC, making it a perfect blend of suburban tranquility and city connectivity.Offered as-is, this duplex also presents thepossibility of commercial utilization or the exciting option of redevelopment into additional homes, subject to appropriate approvals.This property is not just a home or an office; it's acanvas awaiting your vision. Whether maintaining its esteemed legacy or reimagining it for the next generation, the potential here is only limited by your imagination.
Welcome to your next business venture! This renovated and updated light industrial location is the perfect canvas for your entrepreneurial dreams showcasing the latest in technology and innovation or make it your own to suite your business needs. With its sleek design and modern amenities, this space is ready to impress both clients and customers alike.Experience the ease of a turnkey opportunity as you move your business into this meticulously renovated space. No detail has been overlooked, from the newer roof to the updated exterior, electrical, and plumbing systems. Accessibility is key, and this property boasts handy-cap accessible features, ensuring that everyone can enter and enjoy your business with ease.The interior shines with a new kitchen and bathroom, perfect for both employees and guests. Need extra storage space? Look no further than the basement, providing ample room for all your business needs. Stay comfortable year-round with a newer furnace and central air conditioning, while enjoying the natural light streaming in through the brand-new windows. Parking is a breeze with a driveway accommodating three cars, plus an additional seven spaces at the rear of the building, ensuring that both you and your customers always have a place to park .Don't miss out on this incredible opportunity to take your business to the next level in this renovated and updated light industrial space.
Wonderful commercial property located in the heart of Elizabeth with tons of potential .Walking to a operational business which has been operating for 20 plus years. Kitchen with high quality appliances, full kitchen set included, refrigerators included, furnitures tables and chair. Huge Basement with high ceilings. In addition, there is a Catering hall in the second floor for more potential business. HVAC central air and forced hot air. A must see! Run this business and win!
Discover a unique investment opportunity in the heart of Elizabeth, located in the bustling Washington section. This all-brick, mixed-use building is perfectly positioned on a main street, featuring three units, two of which are currently operational. The ground floor hosts a commercial store, generating a monthly rental of $3,400. Above, find a spacious three-bedroom apartment with a full bathroom, upgraded vinyl flooring, and an eat-in kitchen that opens to a bright and airy living space complete with a porch/patio. This unit is ideal for both comfort and convenience, situated just blocks from the Broad Street shopping district and Elizabeth High School. The rear of the building offers an additional 1500-2000 sqft of space, ready to be transformed into another three-bedroom apartment, complete with separate electric and gas meters. With on-street parking and proximity to key amenities, this property promises significant income potential and is a lucrative investment for the savvy buyer.
Diamond in the rough: Large, open, multi-level office building with glass conference room & parking. Very walkable neighborhood.Bright, storefront, corner lot in neighborhood core business corridor. 4,708 sf. building on 0.168 AC parcel. Convenient to GSP, Rt. 22 & I-78. Highly visible, bright corner location. Enormous branding opportunity hiding in plain site. Zoned: Neighborhood core, business Retail. Ideal for general business, medical, law, accountant's office, wellness, gym, architects studio, creative space, childcare (sunny outdoor space.) Kitchenette in basement. 4 entry/exit points. 6 parking spaces adjacent plus easy street parking. 82,471 daytime employees within 3 miles. Amazon-proof retail neighbors. Half-mile from Five Points commerce hub. Traffic count: 16,000 cars/day. Close to employers, business district, transportation hubs, medical center & Kean University. This space is larger than it appears from the outside. Four separate working areas. Excellent for multi-discipline professional office GROUPS -- wellness (laser, massage, skin care, IV treatments...), medical (radiologist, cardiologist, ENT, family practitioner); financial teams (financial planner, insurance broker, estate attorney, business attorney...); mental health (therapists, psychologists, wellness coaches, substance abuse counselors; accounting groups (tax, business, bookkeeping, financial planning...); Real Estate Groups (brokers/agents, mortgage broker, title, appraisers, contractors...)
