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    349 Smith St Perth Amboy, NJ 08861

    For Sale
    Contact for pricing

    Established Grocery Store, 1000 SF

    Property size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 1,000 square foot storefront located at 349 Smith Street, Perth Amboy, New Jersey, 08861 is a turn-key opportunity for an aspiring entrepreneur. Currently operating as a well-established grocery store, this property boasts a long history of serving the local community. The asking price is $25,000, representing a significant value for a business already equipped with essential commercial refrigeration (multiple refrigerators and freezers), extensive shelving for a diverse inventory of canned, packaged, and non-food items. The sale includes all existing equipment, allowing for immediate operation. The property's location in Middlesex County provides excellent access to a loyal customer base. A long-term lease is available, with a starting monthly rent of $2,500. This is an exceptional chance to own and operate a profitable business with established customer relationships and immediate revenue potential. The building's year of construction is unavailable. This is a rare opportunity to acquire a thriving business in a desirable location. Serious inquiries only.

    Property Features for 349 Smith St

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,000 SF

    HighLights

    • $25,000 asking price for a 1,000 square foot storefront.
    • Located at 349 Smith Street, Perth Amboy, NJ 08861.
    • Retail property, suitable for a grocery store.
    • Established business with existing equipment included in sale.
    • Owner seeking a long‑term lease at $2,500 per month.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Perth Amboy
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.2777573
    Latitude
    40.5112319

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    FAQs

    What type of property is this?
    Individual retail property - Established Grocery Store, 1000 SF
    Where is this individual retail property located?
    The property is located at 349 Smith St Perth Amboy, NJ.
    What is the asking price?
    The asking price for this property is $25,000.
    What are key features of this property?
    This property features: $25,000 asking price for a 1,000 square foot storefront.; Located at 349 Smith Street, Perth Amboy, NJ 08861.; Retail property, suitable for a grocery store.
    Request Owner's contact information
    349 Smith St Perth Amboy, NJ 08861
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    Perth Amboy, NJ 08861
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    349 Smith St Perth Amboy, NJ 08861
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