Current Use by Public Records
- Commercial real estate
Property Details for Anderson Rd
- Year built
- 1950
- Property type
- Commercial real estate
Description
This exceptional Franklin, NJ commercial property presents a lucrative opportunity for an entrepreneur seeking to establish or expand their restaurant and catering business. Priced at $1,250,000, this property offers a turnkey operation with significant potential. The main building includes a spacious banquet hall, naturally lit and capable of comfortably seating 125-150 guests, ideal for a wide range of events. Ample on-site parking is available, accommodating up to 80 vehicles, ensuring convenient access for patrons. A significant advantage is the inclusion of a Class C Broad liquor license, streamlining the process for serving alcoholic beverages. Adding to the convenience for the owner-operator, a sizable one-bedroom apartment is located on the premises, providing comfortable living quarters without the need for separate housing. The property's location in Franklin, NJ, offers excellent visibility and accessibility. This is a rare opportunity to acquire an established business with significant assets, including a fully functional banquet hall, ample parking, and a valuable liquor license. The property is ready for immediate operation, offering a seamless transition for a new owner. Serious inquiries are encouraged to explore this exceptional investment.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Franklin
- County
- Warren
- State
- New Jersey
- Longitude
- -74.9914
- Latitude
- 40.7147
