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1090 Rte 22 Annandale, NJ 08833

Sponsored
For Sale
$1,500,000

Route 22 Bar/Restaurant with Cottages

Description

Added:
Feb 3, 2025
Days on Market:
338
This exceptional commercial property, located at 1090 Route 22, Unit 1090 in Annandale, NJ, presents a lucrative investment opportunity. The 3.92-acre lot boasts a thriving bar and restaurant with an existing liquor license, offering immediate income potential. Adding to the revenue stream are two separate cottages and a three-room rental unit situated above the bar, providing significant passive income. The property benefits from a high-traffic, high-visibility location directly on Route 22, ensuring excellent exposure to potential customers. Ample parking is available on-site. The C-1 zoning allows for a variety of retail sales uses, expanding the potential for future development or business ventures. Recent upgrades enhance the property's value and functionality, including newly installed bathrooms in the restaurant, a central AC unit replaced in 2020, and a furnace and hot water heater replaced in approximately 2021. All existing bar equipment is included in the sale. This turnkey operation offers a rare blend of established income and significant growth potential, making it an ideal investment for discerning buyers. The property's prime location and diverse income streams make it a truly exceptional opportunity.

Property Features for 1090 Rte 22

General Information

Property type
Other commercial real estate
Lot Size
170,755 SF

Building Details

Year Built
1940

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Annandale
County
Hunterdon
State
New Jersey
Longitude
-74.84778
Latitude
40.64319

FAQs

What type of property is this?
Commercial real estate - Route 22 Bar/Restaurant with Cottages
Where is this commercial real estate located?
The property is located at 1090 Rte 22 Annandale, NJ.
What is the asking price?
The asking price for this property is $1,500,000.
More about this property
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