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Turnkey Convenience Store Business
For Sale
$100,000

224 Semel, Garfield, NJ 07026

Turnkey convenience store includes equipment, on-site ATM and lottery machines, plus a half bath within the premises.

Property SizeContact for details
Days on Market53

Property Features for 224 Semel

General Information

Standard status Active
Property subtype Business Opportunity

Additional Details

Business Included Yes

Amenities

Window Unit(s)
Listing Agency: The Agency Rutherford Realty Inc.
Listed By: Libera Schilare
Source: Evrealestate
Added: Jul 23 Changed: Aug 25 Last Checked: Sep 13 at 4:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Agency Rutherford Realty Inc.

Investment Insights

Based on property information with market context.

This well-established convenience store is offered as a turnkey opportunity, with the sale including all store equipment for a seamless transition to new ownership. The business carries a mix of groceries, snacks, beverages, and household essentials, along with other everyday convenience items. A half bath is located within the premises, supporting ongoing customer and staff use.

The current lease is in place through September, with rent stated as $800 per month. Additional supplemental income is generated onsite through an ATM machine and a lottery machine.

For buyers seeking an established retail convenience format, this offering combines daily convenience product sales with machine-generated income, under a lease that extends through September.

Key Highlights

  • Well‑established convenience store operated by the same owner for the past 20 years
  • Sale includes all store equipment for a seamless transition to new ownership
  • On‑site ATM and lottery machines provide supplemental income beyond retail sales

Property Analytics

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Current Use

Grocery and convenience stores

Suggested Use

Top Pick Veterinary Clinic Nursing Home (Bike/Boat/Book/etc) Store Catering Service Acupuncture Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,386
Businesses Nearby
109k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 62% Groceries 26% Dining 8% Electronics 3%
Wawa Shops & Services
50,531 visits/mo 0.4 miles
Price Rite Groceries
28,607 visits/mo 0.3 miles
PNC Bank Shops & Services
8,400 visits/mo 0.5 miles
7-Eleven Shops & Services
7,964 visits/mo 0.3 miles
Wingstop Dining
4,584 visits/mo 0.5 miles

Demographics for 07026, NJ

32,655
Population
12,234
Households
2.7
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
15,550
Density / Sq Mi
$75,701
Median Household Income
$44,462
Median Earnings
$1,612
Median Rent
$454,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Biedronka 501 River Dr 2nd Floor, Garfield, NJ 07026
  • Price Rite Marketplace of Garfield 59 Outwater Ln, Garfield, NJ 07026

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Turnkey convenience store includes equipment, on-site ATM and lottery machines, plus a half bath within the premises.
Where is this grocery and convenience store located?
The property is located at 224 Semel Garfield, NJ.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Well‑established convenience store operated by the same owner for the past 20 years; Sale includes all store equipment for a seamless transition to new ownership; On‑site ATM and lottery machines provide supplemental income beyond retail sales
More about this property
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