Freestanding Convenience Store with
234 Old Stage Rd East Brunswick, NJ 08816
234 Old Stage Rd, East Brunswick, NJ, 08816
$895,000
For Sale
$895,000
Freestanding convenience store on a corner lot with two curb cuts, high ceilings, and walk-in refrigerator.
Property Size2,200 SF
Price / SF$406.82
Days on Market100
Property Features for 234 Old Stage Rd
General Information
- Standard status
- Active
- Size
- 2,200 SF
Listing Agency
DAVIS REALTORS
(732) 254-6700
Listed by
JONATHAN BENOWITZ
Source
Exprealty
Added: Apr 8 Checked: Jul 16 at 12:26 am
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 DAVIS REALTORS
Investment Insights
Based on property information with market context.
This freestanding convenience store offers an open layout with high ceilings and practical in-store functionality, including a walk-in refrigerator and a prep area with a sink. A rear access door supports back-of-house operations and day-to-day deliveries, while prominent signage helps the building read well to passing traffic.
The site sits on a corner lot along a heavily trafficked corridor, with two curb cuts providing convenient ingress and egress. The property includes 28 on-site parking spaces, supporting both customer visits and deliveries. It is directly adjacent to Summerhill Gardens, a newer 96-unit residential community, and within close proximity to national and area retailers such as CVS, Chase Bank, and a ShopRite-anchored shopping center.
As an owner-user or investor acquisition, the building is designed to continue as a convenience store while also accommodating a range of retail uses that benefit from straightforward floor flow, rear access, and established customer convenience. The combination of corner-lot access, on-site parking, and proximity to residential density and established retail supports a tenant or buyer looking for a retail storefront with operational practicality.
The site sits on a corner lot along a heavily trafficked corridor, with two curb cuts providing convenient ingress and egress. The property includes 28 on-site parking spaces, supporting both customer visits and deliveries. It is directly adjacent to Summerhill Gardens, a newer 96-unit residential community, and within close proximity to national and area retailers such as CVS, Chase Bank, and a ShopRite-anchored shopping center.
As an owner-user or investor acquisition, the building is designed to continue as a convenience store while also accommodating a range of retail uses that benefit from straightforward floor flow, rear access, and established customer convenience. The combination of corner-lot access, on-site parking, and proximity to residential density and established retail supports a tenant or buyer looking for a retail storefront with operational practicality.
Key Highlights
- 2,200 SF freestanding convenience store on a corner lot at 234 Old Stage Road, East Brunswick
- Open retail layout with high ceilings plus walk‑in refrigerator and prep area with sink
- Rear access door and functional setup for continued convenience store use or other retail users
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.5k | $21.60 |
| − Vacancy | −$2.7k | −$1.21 |
| EGI | $44.9k | $20.39 |
| − OpEx | −$11.2k | −$5.10 |
| NOI | $33.6k | $15.29 |
2,200 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$480.6K
$420.6K – $560.7K
NOI $33,644 @ 7.0% cap · market cap 3.76%
Second Best
Retail
$448.6K
$392.5K – $523.4K
NOI $31,401 @ 7.0% cap · market cap 3.51%
Theoretical Best
Office A
$574.5K
$502.7K – $670.2K
NOI $40,212 @ 7.0% cap · market cap 4.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quick Foods
Grocery & Convenience Store
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FAQs
What type of property is this?
Grocery and convenience store - Freestanding convenience store on a corner lot with two curb cuts, high ceilings, and walk-in refrigerator.
Where is this grocery and convenience store located?
The property is located at 234 Old Stage Rd East Brunswick, NJ.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 2,200 SF freestanding convenience store on a corner lot at 234 Old Stage Road, East Brunswick; Open retail layout with high ceilings plus walk‑in refrigerator and prep area with sink; Rear access door and functional setup for continued convenience store use or other retail users
