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Somerset, NJ Grocery And Convenience Stores for Sale

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Convenience Store Business with Smoke Shop
Updated: Jun 23
Convenience Store Business with Smoke Shop

Somerset, NJ 08873

$160,000
64,857 sqft
Business‑only sale includes goodwill, inventory, equipment, fixtures, and transferable licenses
Convenience store and smoke shop operating within a retail shopping center
Long‑term lease includes a renewal option
Lottery, ATM, and complementary in‑store services are part of the operation
Food takeout operation occupies space within the premises under a separate arrangement
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Convenience Store and Smoke Shop
Updated: Aug 3
Convenience Store and Smoke Shop

Somerset, NJ 08873

$160,000
64,857 sqft
Business‑only sale of an operating convenience store and smoke shop
Includes goodwill, equipment, fixtures, inventory, and transferable licenses
Long‑term lease includes a renewal option
Lottery, ATM, and complementary in‑store services
On‑site food takeout operation under a separate arrangement
View details
See hot listings in Somerset

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Somerset, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

199 Washington Street, Perth Amboy, NJ 08861

$710,000
2,038 sqft 0.06 AC lot

Grocery retail space with an accompanying three-bedroom apartment and finished attic.

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Five-Unit Retail Building
Five-Unit Retail Building

1921 Morris Ave, Union, NJ 07083

$1,450,000
3,870 sqft

Five separate retail units with independent utilities, entrances, and parking support a flexible owner-occupier or investment strategy.

View details
Corner Grocery Store with Apartment
Corner Grocery Store with Apartment

199 Washington Street, Perth Amboy, NJ 08861

$710,000
2,038 sqft

For sale as a package with the building and business on a corner site, plus a 3-bedroom apartment upstairs.

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Turnkey Retail Opportunity in Union
Turnkey Retail Opportunity in Union

454 Chestnut St, Union, NJ 07083

$2,699,000
6,188 sqft

Prime commercial property with existing retail infrastructure in Union, NJ.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Corner Commercial Land
Corner Commercial Land

3803 Us 1, Dayton, NJ 08810

$650,000
11.50 AC lot

C-3-zoned land at a signalized? intersection with highway and local-road access.

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Somerset, NJ Grocery And Convenience Stores Market Trends and Statistics

Explore 2 grocery and convenience stores for sale in Somerset, NJ on our real estate platform. These investment opportunities span a total of 129,714 square feet of properties for sale, with an estimated market value of $320,000.

Sale prices for supermarkets in Somerset, NJ average $160,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 3
Grocery and convenience stores 2
Shopping centers 1

Demographics Overview

Population 56K
Population Growth (5Y) +4.1%
Median Household Income $117,866
College Educated 40.0%

High-Yield Neighborhoods for Investment

Identify Somerset submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
08873 $160K

Taxes & Financing

Tax Rate (average for all types) 1.89%
Property Tax per SF $27.25 per SF
Tax Rate vs County Average 0.16 pp below county avg
Average Loan-to-Value 65.0%

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