Convenience and Smoke Shop
For Sale
$160,000
900 Easton Avenue, Somerset, NJ 08873
SINGLE_FAMILY - Franklin Twsp, NJ
Property Size64,857 SF
Price / SF$2.47
Days on Market50
Property Features for 900 Easton Avenue
General Information
Property type
Residential
Property subtype
Retail
Zoning
GB
Parking features
Open
Lot features
Near Shopping
Standard status
Active
APN
080038500000000301
Size
64,857 SF
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
KELLER WILLIAMS ELITE REALTORS · Keller Williams Realty
(732) 549-1998
Listed By:
Gurjeet Singh
(732) 549-1998
Added: Jun 23
Last Checked: Aug 11 at 6:06AM
MLS# 2618076R
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Investment Insights
Based on property information with market context.
This is a business-only sale of an established convenience and smoke shop operating within a retail shopping center. The offering is structured as a long-term lease with a renewal option, and it includes business goodwill plus the equipment, fixtures, inventory, and transferable licenses. In addition, an on-site food takeout operation operates within the premises under a separate arrangement.
The store is positioned in a retail shopping center with day-to-day customer activity supported by on-premise services including lottery and an ATM. Complementary in-store offerings and the takeout component contribute to continuous utilization of the premises throughout the business day.
For an owner-operator or buyer looking to take over an operating business, this configuration provides a turnkey transition that covers the operational components included in the sale. Consideration should be given to the separate takeout arrangement and the lease terms, including the renewal option, as these are central to continuity of operations.
The store is positioned in a retail shopping center with day-to-day customer activity supported by on-premise services including lottery and an ATM. Complementary in-store offerings and the takeout component contribute to continuous utilization of the premises throughout the business day.
For an owner-operator or buyer looking to take over an operating business, this configuration provides a turnkey transition that covers the operational components included in the sale. Consideration should be given to the separate takeout arrangement and the lease terms, including the renewal option, as these are central to continuity of operations.
Key Highlights
- Business‑only sale in a busy retail shopping center, including business goodwill
- Long‑term lease with renewal option provides continuity for a new owner
- Store operations include lottery and an ATM, plus complementary in‑store services
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
553
Businesses Nearby
15k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Groceries 50%
Buy Rite Liquors
Groceries
7,240 visits/mo
0.2 miles
IHOP
Dining
5,230 visits/mo
0.1 miles
Carvel Ice Cream
Dining
2,085 visits/mo
0.1 miles
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Business-only convenience and smoke shop offered with a long-term lease and renewal option in a busy retail center.
Where is this grocery and convenience store located?
The property is located at 900 Easton Avenue 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 in a busy retail shopping center, including business goodwill; Long‑term lease with renewal option provides continuity for a new owner; Store operations include lottery and an ATM, plus complementary in‑store services
