Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Avenel St Avenel, NJ 07001

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Established Deli, High-Traffic Area, Excellent Lease

    Property Features for Avenel St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    5,227 SF

    We can help!

    Listing Contact
    Re Max St Advantage

    Listing Agent: Re Max St Advantage

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This thriving Avenel, NJ deli and restaurant presents a fantastic turnkey business opportunity. Family-owned and operated for over 25 years, this well-established eatery boasts a loyal customer base within the Woodbridge Township community. The business offers both dine-in and takeout options, ensuring consistent revenue streams. All equipment is included in the sale, making this a seamless transition for a new owner. The current lease is transferable, providing immediate operational continuity. The spacious interior comfortably seats 48 patrons. The commercial kitchen is fully equipped with a 16-foot hood and exhaust system, a 5-foot grill, and a 5-foot fryer/stove/oven combination. The business generated $150,000 in revenue. This is a rare chance to acquire a profitable, established business with a strong track record in a desirable location. The 0.12-acre lot provides ample space for outdoor seating or potential expansion. The asking price for the business and the transferable lease is $3,000. This represents a significant opportunity for an experienced restaurateur or a first-time business owner seeking a proven model. Serious inquiries only.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Avenel
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.27
    Latitude
    40.57579

    Nearby Similar for Sale

    • Contact for pricing
      2,000 SF

      Professionally Designed Commercial Suite

      Adaptable commercial suite with private offices and multiple entrances.
      239 Avenel St, Avenel, NJ 07001
      View Details
    • Contact for pricing
      0.57 Acres

      Commercial Space in Avenel, NJ

      Commercial space suitable for professional, medical, wellness, and aesthetic businesses.
      239 Avenel St, Avenel, NJ 07001
      View Details
    • New
      $3,300,000
      11,520 SF

      Avenel Shopping Center For Sale

      Shopping center with stable tenants and long-term leases.
      1392 Saint Georges Ave, Avenel, NJ 07001
      View Details
    • $2,500,000
      3,200 SF

      Profitable Turnkey Operation on Highway

      Well-established, profitable turnkey operation on prime commercial real estate.
      867 Us Highway 1, Avenel, NJ 07001
      View Details
    • $1,800,000
      2,500 SF

      Avenel Retail Investment Opportunity

      2,500 SF storefront in bustling retail corridor, great investment.
      1076 Saint Georges Ave, Avenel, NJ 07001
      View Details
    • $1,800,000
      2,500 SF

      Prime Retail Corner with Drive-Thru

      Single-tenant storefront with drive-thru potential in a bustling retail corridor.
      1076 Saint Georges Ave, Avenel, NJ 07001
      View Details
    • Contact for pricing
      3,200 SF

      Route 1 Automotive Property

      3,200 SF automotive property on Route 1 for sale.
      915 Route 1, Avenel, NJ 07001
      View Details
    • Contact for pricing
      3,200 SF

      Established Automotive Sales Property

      Long-term automotive sales operation with potential for apartment conversion.
      915 Us Highway 1, Avenel, NJ 07001
      View Details
    • $525,000

      Mechanic Garage with Inventory Included

      Well-maintained mechanic garage in high-visibility area, includes inventory.
      11 Leesville Ave, Avenel, NJ 07001
      View Details
    • $3,200,000
      13,082 SF

      Retail Property with Renovations

      Fully occupied retail property featuring recent renovations and below market rents.
      1392 St Georges Ave, Avenel, NJ
      View Details
    • Contact for pricing
      60,000 SF

      Avenel Industrial Property with Parking

      60,000 SF industrial property with ample parking in Avenel.
      7-10 Cragwood Rd, Avenel, NJ
      View Details
    • Contact for pricing
      3,000 SF

      Avenel Salon Suites for Lease

      Luxury Suites, All-Inclusive Amenities
      1392 St Georges Ave, Avenel, NJ 07001
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Established Deli, High-Traffic Area, Excellent Lease
    Where is this commercial real estate located?
    The property is located at Avenel St Avenel, NJ.
    What is the asking price?
    The asking price for this property is $3,000.
    Request Owner's contact information
    Avenel St Avenel, NJ 07001
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Avenel St
    Avenel, NJ 07001
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Avenel St Avenel, NJ 07001
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Re Max St Advantage
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!