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Convenience Store and Smoke Shop
For Sale
$160,000

900 Easton Ave, Somerset, NJ 08873

Business sale includes equipment, inventory, fixtures, goodwill, and transferable licenses within a retail shopping center.

Property Size64,857 SF
Price / SF$2.47
Days on Market27

Property Features for 900 Easton Ave

General Information

Standard status Active
Size 64,857 SF
Property subtype Business Opportunity

Additional Details

Business Included Yes
Listing Agency: KELLER WILLIAMS ELITE REALTORS
Listed By: GURJEET SINGH
Source: Goldstandardrealty
Added: Aug 3 Changed: Aug 27 Last Checked: Aug 28 at 12:46PM

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 KELLER WILLIAMS ELITE REALTORS

Investment Insights

Based on property information with market context.

This business-only offering combines a convenience store and smoke shop operating within a retail shopping center. The sale includes business goodwill, equipment, fixtures, inventory, and transferable licenses, providing an existing operating platform for a new owner.

Customer activity is supported by lottery and ATM services, along with other in-store offerings. A food takeout operation is also located within the premises under a separate arrangement. The business is subject to a long-term lease with a renewal option, and financial information is available after execution of a confidentiality agreement.

Key Highlights

  • Business‑only sale of an operating convenience store and smoke shop
  • Includes goodwill, equipment, fixtures, inventory, and transferable licenses
  • Long‑term lease includes a renewal option

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Dental Office Hair Salon Spa & Massage Center

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

146
Businesses Nearby
Under-served
Demand for This Use

Demographics for 08873, NJ

55,500
Population
22,142
Households
2.5
Avg Household Size
42
Median Age
54%
College-Educated
93%
High-School Grad
32.1 sq mi
ZIP Area
1,729
Density / Sq Mi
$117,866
Median Household Income
$61,727
Median Earnings
$1,942
Median Rent
$438,600
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Business sale includes equipment, inventory, fixtures, goodwill, and transferable licenses within a retail shopping center.
Where is this grocery and convenience store located?
The property is located at 900 Easton Ave Somerset, NJ.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Business‑only sale of an operating convenience store and smoke shop; Includes goodwill, equipment, fixtures, inventory, and transferable licenses; Long‑term lease includes a renewal option
More about this property
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