Penny Lane Realtors
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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
Building for sale . Currently being used as a nonprofit organization. Across the street from a House of worship . The highest and best use is to convert Building to residential apartments or knock down and put up approx. 21 apartments units or more . Seller will allow buyer to go for needed variances and site plans for all approvals. Seller will not pay for any approvals nor go for any variances. The buyer would be responsible to talk with Planning and Zoning for "special Redevelopment permission " The property is currently in a R-2 Single family and two-family zoning . Another option would be to convert to a school or place of education, but city approval would be required
Welcome to Benny's Kitchen, a turnkey restaurant business and beloved local gem in Martinsville! This is a rare opportunity to acquire a successful and established restaurant business, with owners who are looking to retire and pass on their legacy to new owners. The business comes fully equipped and stocked, ready for you to start running it from day one. Don't pass up on the opportunity for (1) established business with a loyal customer base, (2) prime location in Martinsville with high traffic, (3) fully equipped kitchen and dining area, (4) inventory and equipment included in the sale, (4) owners are willing to provide training and share their wealth of knowledge to ensure a smooth transition. Benny's Kitchen is an established brand with a strong reputation in the local community. With a strong foundation already in place, there is tremendous potential to grow and expand the business further. Whether you're looking to introduce new menu items, expand the catering side of the business, or explore other revenue streams, the possibilities are endless. Don't miss this opportunity to take over a successful and established business in Martinsville.
EXCELLENT ROUTE 206 FRONTAGE & VISIBILITY. 2.4 ACRES OF PRIME REAL ESTATE LOCATED IN THE HIGHWAY SERVICE (COMMERCIAL) ZONE WITH SHARED DRIVEWAY ACCESS EASEMENT TO OPIE ROAD ALLOWING RTE 206 ACCESS & OPIE ROAD ACCESS. The "Permitted Principal Uses include Offices; Medical Offices; Veterinary Hospital; Fiduciary Institutions; Business Services; Restaurants; Adult/Child-Care Centers; Performing Arts & Cultural Facilities; Personal Service Establishments; Live/Work Dwelling Units; &, Others. The "Conditional uses include Planned Mixed-Use Developments; Hotels; Catering Facilities/Banquet Halls; Indoor Recreation Facilities/Wellness Centers; Gasoline Service Stations; Extended Care Facility; &, Others. See Hillsborough Township's "HS land use code for all permitted, accessory & conditional uses. The property currently possesses a single-family home (2,264 SF Living Space) with a separate apartment which is located over a 3-car garage (1,000 SF Living Space). Join retail neighbors including the QuickChek on the corner, and other retail establishments & service related businesses & offices such as a IHOP restaurant, Tractor Supply, Kohl's, Lowe's, Dunkin Donuts, Family Care Walk-in Clinic, Wendy's, Planet Fitness, Dollar Store, Old Man Rafferty's, HomeGoods, Weis Markets, & other retailers nearby. Great Development Opportunity!
Located in the desirable Omni Professional Center, this single-floor office condo offers 1160 sf of professional office space with a private entrance currently divided into two exam rooms, 1 storage room, 1 lab room, 1 Dr. office , a front office, waiting room and bathroom. New Heating System. This office is great for business owner for use as C-1 zoning - medical, dentist, therapist, massage therapy, business such as law, insurance, accounting; centrally located approximately 5 miles from Somerville, 14 miles from Princeton; current widening of Rt 206 will create increased visibility; ample on-site parking. Pictures coming soon
Very modern and busy Barber shop business For Sale.. 11 year old & well known location by customers.. 5 Granite barber stations w/ chairs... Granite register counter as well.. 5 professional Ring lights.. 3 TVs, 10 leather waiting chairs.. High-tech Walk-in & Appointment software w/ 2 LG tablets included. High quality Camera system stays.. Please be discreet, Do not go directly during business hours, Showings on Sundays or after hours.
UNBELIEVABLE: WELL MAINTAINED 1250 SF PROFESSIONAL CONDO OFFICE SUITE, RECEPTION AREA, 3 PRIVATE OFFICES, LARGE CONF. ROOM, 4-PERSON ADMINISTRATIVE AREA, KITCHENETTE , 24 CAR PARKING LOT, FULL BASEMENT WITH DEDICATED FILE/STORAGE AREA ALL 1 BLOCK FROM SOMERSET COUNTY COURT HOUSE AND MAIN STREET DOWNTOWN SOMERVILLE
New state of the art 14,000 sqft wellness center looking for investors to purchase a portion or the entire building and property. Sitting on 6 acres in the middle of downtown Jamesburg. Built in 2020, this meticulous wellness center has a perfect layout for many providers including 3 floors of new construction, custom windows, floors, cabinetry, 4 built in staff desks with custom countertops able to accomodate 10 staff members , 18 large treatment rooms all with sinks, 9 bathrooms, 2 locker rooms,staff room with lockers, large open rehab/gym area with top of the line cybex exercise equipment, custom pocket doors, state of the art sonos and JBL stereo system with speakers in all rooms with volume controls, including building exterior speakers as well, 10 networked TV's with built in brightsign marketing system, advanced camera, fire and security systems, elevator, 7 zone HVAC system app controlled plus 6 mini splits in basement, finished basement, 26 integrated networked phones, digital x-ray system, whole building is ADA compliant with handicap ramp, 2 handicapped parking spots plus 41 regular parking spots and unlimited street parking located in front of the building. The building is broken up into 3 units which are all rented and occupied. Additionally, spec'd out to add a future juice bar. Building has 2 porches and a dumpster located in the rear of the parking lot.
UNBELIEVABLE: FREE STANDING 2500 SF PROFESSIONAL OFFICE BUILDING LOCATED ON THE WATCHUNG CIRCLE, WATCHUNG NJ. FORMER REAL ESTATE OFFICE WITH PRIVATE OFFICE, CONFERENCE ROOM, BULLPEN AREA, TWO BATHS AND KITCHENETTE IN THE B-B ZONE, HIGH VISIBILITY LOCATION, GREAT PARKING/SIGNAGE
UNBELIEVABLE: FREE STANDING PROFESSIONAL OFFICE BUILDING 0N 1.54 ACRE LOT ON RT 206 NORTH, HILLSBOROUGH, SOMERSET COUNTY, NJ. 6,063 SF ON THREE FLOORS TURN-KEY OFFICE USE FORMER REAL ESTATE OFFICE, PRIVATE OFFICES, CONFERENCE ROOMS, BULL PEN AREAS, THREE BATHS AND KITCHENETTES, ABUNDANT OFF STREET PARKING, ALL LOCATED IN TC TOWN CENTER DISTRICT WITH MULTIPLE PERMITTED PRINCIPLE USES: MIXED USE BUILDINGS, RETAIL SALES, MEDICAL OFFICES, RESTAURANTS, PERSONAL SERVICE
One of a kind Classic building, currently used as offices. Location is across from Somerville Library, and very close to downtown shops, stores, restaurants. The property at 30 West End Ave is also listed for sale.
100% Occupied! Well-maintained 14,500 +/- SF building in beautiful Warren Township. 1st Floor (main building) occupied by Dance School, 2nd Floor (main building) occupied by Montessori School. Annex occupied by Music School - All tenants are well established and have multi-year leases. Many recent updates! Minutes from Exit 36 on I-78.
Price Reduced! Location! Location! Location! In the middle of thriving Raritan downtown next to Somerville. Amazing Mix Use Building. 1st Floor is a Retail Store. 2nd Floor is a 2 Bedroom Apartment with Rental Income. Large Storage Shed & Parking in Back. Price includes Building + Restaurant Business with All Equipment. New owners can continue the Award winning 37 Year Old Restaurant or Rent out both Units & Collect Rent. Low Taxes. Rent is under market. Potential Rental Income $45,600. Building is only 4 Blocks to Raritan Train Station, just a short 6 minutes walk. Plus access to a Great School System. Motivated Seller, make offer.
Price Reduced! Amazing Restaurant Business with Real Estate. This is an Award Winning Takeout & Catering Restaurant established 37 years in thriving Raritan downtown next to Somerville. Current Owners are semi retired, only open 6 hours a day 5 days a week. New owners can expand by simply increasing hours & adding seating. Building also has a 2 Bedroom Apartment on the 2nd Floor for additional income. Large Storage Shed & Parking in Back. Low property taxes. Building is only 4 Blocks to Raritan Train Station, just a short 6 minutes walk. Plus access to a Great School System. Motivated Seller, make offer.
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.
ANNOUNCING: Mixed-Use Property. ATTENTION: Owner/User, &/or Investor. Free-Standing, 7,186+/- SF Commercial Building & 4-Bedroom Residential Single-Family Residence (2,172 SF) on nearly an acre of land (SF #'s are per Tax Assessor), fronting Route 206 with excellent visibility, just south of Mountainview Rd & the Route 206 Bypass in Hillsborough Twp. The Commercial Building was the home of "Belle Mead Hot Glass". The Board of Adjustment Resolution permits Manufacturing use (not permitted in the C-1 zone). Permitted & Conditional uses in the C-1 zone include: Retail; Offices; Medical Centers; Free-Standing Restaurants; Day Care & Adult Day Care Centers; &, others. Ceiling heights in the commercial building range in heights from 9' to 23', with a 9' high drive-in door. Abundant electrical service, natural gas piping, & compressed air lines are available throughout the commercial building. The building also possesses a full bathroom, kitchenette area, safety shower, skylights, & LED lighting. The 2nd floor has office/work space which overlooks the 1,600SF(+/-) area possessing 23' ceiling height space. The residence is currently leased at $2,500/month plus tenant pays utilities. Public Water. Public Sewer. The property possesses 11+ parking stalls. Access to Route 206. The Route 206 Bypass going north, is nearby. Hillsborough Twp. has a strong commercial market. Commercial Building & Residential House. Opportunity for worker(s) to live on site & Property generate income. See it!
Great Opportunity with todays changing office needs - With 3,000 sq feet own and rent flexible work space or use for your own business. Zoned for Medical or Professional use. The Courtyard at Amwell is a beautifully maintained office complex in a highly desirable and visible location. Conveniently located off of route 206 between the Princeton and Somerville area, and close proximately to the hospital. With over 3000 sq ft to design the perfect work space for your business (professional or medical) this suite offers a private entrance, private reception area, 2 private bathrooms, a kitchenette, conference room, extremally large storage rooms, large common area and 8 private offices. See attached floor plan. Plenty of parking. Furniture is negotiable.
Located in a condominium office complex, convenient to major roads, and highways. This beautifully updated office suite features 550 sq. ft of flexible space, a large open area, a separate private office and a powder room. The office has been recently renovated and provides a great setting for professional service businesses. It offers a wonderful alternative to working at home. The convenient parking lot is large and provides spaces for you and your clients. Bring your business to this professional complex for convenience, privacy and location.
Located in a condominium office complex, convenient to major roads, and highways. This beautifully updated office suite features 550 sq. ft of flexible space, a large open area, a separate private office and a powder room. The office has been recently renovated and provides a great setting for professional service businesses. It offers a wonderful alternative to working at home. The convenient parking lot is large and provides spaces for you and your clients. Bring your business to this professional complex for convenience, privacy and location.
Business for sale ONLY! Location, Location, Location! Well known hair salon for sale in desirable Clark NJ's business district. Newly updated with laminate floors and freshly painted walls accompanied with adult and smaller chairs. Located on main road close to parkway with shared large parking lot in rear. 13 year book of business included. Owner is willing to stay and work as employee. All equipment and inventory included in sale. Complete turnkey business. Make it yours and start making money right away! Owner financing available!!!
This commercial freestanding building is located in a B-1 Neighborhood Business zone and is in excellent condition. Situated on a private 8 car blacktop parking lot, the building offers easy ingress and egress for customers and clients. Previously used as a doctor's office for over 20 years, this versatile space can accommodate a variety of businesses or services permitted in the B-1 zone. With a list of allowed uses attached (of course with town approval) the possibilities are varied for the next owner to customize and utilize this prime location. Don't miss out on the chance to make this property your own and take advantage of its convenient location and potential for growth.
Welcome to an exceptional opportunity to own a prime commercial building in a thriving location. This property is a gem, boasting a main level hair salon with five stations and two sinks and a half bathroom. While the bottom floors offer four rooms, a convenient half bathroom. Bonus attic space for added storage above the salon. Don't miss out on this remarkable opportunity for a New or Growing Business. Do Not use ShowingTime
Welcome to an exceptional opportunity to own a prime commercial building in a thriving location with an established business and Spa tenant. This property is a gem, boasting a main level hair salon with five stations and two sinks and a half bathroom. While the bottom floors offer four rooms, a convenient half bathroom currently leased to a Spa business. Bonus attic space for added storage above the salon. Don't miss out on this remarkable opportunity for a New or Growing Business.
Turnkey Suite with good exposure on busy main thoroughfare centrally located near town center with great visibility-high traffic & easy access to I-78 & Rt. 22. Multiple professional uses possible This Medical/professional office suite, presently zoned for medical use, features four examination rooms/ offices with laminate flooring, in addition to two offices with desks, a waiting room, registration/reception area, staff common area with kitchenette, 2 bathrooms(private for staff and public), plenty of storage- on main floor in closets and lower level full basement. The suite is vacant and ready for immediate occupancy. Maintenance fee $425 monthly. Yearly assessment $2000 ( for capital improvements reserve)
