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FOR SALE
$89,900

537 N Broadway
Deepwater, NJ 08023

General Commercial
Residence
0.29
Acre Lot
1of
Photos
Map
Courtesy: Mahoney Realty
brightmlshomes.com> New Jersey> Deepwater> 08023
Great commercial location located on Route 130 (North Broadway) just 1 block from one of the busiest roadways on the east coast. The subject property is just a few hundred feet from the NJ Turnpike, I 295, Route 40 and the Delaware Memorial Twin Bridges. The building was a well known restaurant for many, many years. The first floor consist of a large dining room with high ceilings, a bar area and a commercial kitchen with walk in cooler. The 2nd floor consists of a large banquet area and a smaller meeting room. The building has a full basement and a paved parking lot. *** Use you imagination, the building can be used as a small office complex, a hair salon or spa, a daycare, retail space or as a trades building, ie: plumbing shop, electric shop, a HVAC building, etc. *** There are many possible uses for this building. The building is being sold in "as is" condition, but it was extensively remodeled in 2001 after a fire. Most of the 2nd floor was rebuilt as a result of the fire. At the current asking price, the duplex out back is NOT included in the sale and will be subdivided from the main building. The property taxes will be adjusted accordingly. If so desired, the duplex located out back CAN be included with the sale at the listing price of $149,900. There are 2 one bedroom units with a total monthly rental income of $1,475 (HUD). Both tenants are long term tenants. ***The owner will consider a lease purchase contract on the building(s).
NJSA136348
General Commercial
SALEM
1930
0.29 Acres
Gas Water Heater, Public Water Service
Public Sewer
School Rating Out of 10
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Courtesy: Mahoney Realty
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Information is deemed reliable but is not guaranteed.