Profitable Outdoor Center with
5 Larison Ln East Amwell Twp, NJ 08551
5 Larison Ln, East Amwell Twp, NJ, 08551
$2,000,000
For Sale
$2,000,000
Long-standing power equipment sales and service business with living quarters.
Property Size9,441 SF
Lot Size1.22 Acres
Price / SF$211.84
Days on Market139
Property Features for 5 Larison Ln
General Information
- Standard status
- Active
- Size
- 9,441 SF
- Lot size
- 1.22 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1936
Listing Agency
COLDWELL BANKER REALTY
(908) 735-8080
Listed by
ERNEST TUFO
Source
Corcoran
Added: Mar 3 Updated: Jul 6 at 9:58 am Checked: Jul 20 at 3:55 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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This commercial property features a profitable outdoor center, a long-standing, family-run power equipment sales and service business that has served New Jersey and Eastern Pennsylvania since 1965. The property includes a well-appointed 2-bedroom, 2-bath home. The business features an 80' x 40' showroom and parts counter, a 40' x 36' workshop with five technician workspaces equipped with lifts and tools, two 60' x 50' warehouses, and multiple sheds and outbuildings. The operation specializes in sales, service, and parts for lawn care equipment and outdoor power tools. It sells and services brands including Cub Cadet, Ferris, STIHL, DeWalt, Honda, and Little Wonder, offering riding mowers, zero-turn mowers, tractors, push mowers, chainsaws, trimmers, edgers, pole pruners, leaf blowers, snow blowers, and generators. The business services everything it sells and provides pickup and delivery for customers. The property size is 9441 square feet. This turnkey operation offers brand recognition, loyal clientele, and potential for growth. A comprehensive inventory of tools, parts and accessories supporting all major product lines is included in the sale.
Key Highlights
- Profitable turnkey outdoor power equipment sales and service business with strong brand recognition since 1965.
- Comprehensive inventory of tools, parts, and accessories included.
- Extensive facilities include an 80' x 40' showroom, a 40' x 36' workshop, and two 60' x 50' warehouses.
Local Financial Insights For 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 | $203.9k | $21.60 |
| − Vacancy | −$11.4k | −$1.21 |
| EGI | $192.5k | $20.39 |
| − OpEx | −$57.8k | −$6.12 |
| NOI | $134.8k | $14.27 |
9,441 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.93M
$1.68M – $2.25M
NOI $134,754 @ 7.0% cap · market cap 6.74%
Second Best
Industrial
$1.51M
$1.32M – $1.77M
NOI $105,968 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$2.47M
$2.16M – $2.88M
NOI $172,566 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Walt's Outdoor Center
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Automotive property - Long-standing power equipment sales and service business with living quarters.
Where is this automotive property located?
The property is located at 5 Larison Ln East Amwell Twp, NJ.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Profitable turnkey outdoor power equipment sales and service business with strong brand recognition since 1965.; Comprehensive inventory of tools, parts, and accessories included.; Extensive facilities include an 80' x 40' showroom, a 40' x 36' workshop, and two 60' x 50' warehouses.
