129 Nj-31 Pennington, NJ 08534
- Retail properties
- 1.72 lot acres
Current Use by Public Records
- Isalis / Boutique / Women'S Clothing Store
- Party City / Party Store / Balloon Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 129 Nj-31
- Lot size
- 1.72 lot acres
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents the Lakeside Cafe and Liquors, a thriving restaurant located at 129 NJ-31 in Pennington, New Jersey (08534), Mercer County. The property sits on a 1.72-acre lot and includes a 5,000 square foot cafe and bar space, along with two additional 2,000 square foot units currently leased to separate tenants. The property offers ample parking with 56 spaces. The asking price for the entire property, including real estate, fixtures, equipment, and liquor license, is $2,500,000. Alternatively, the cafe and bar are available for sale separately at $900,000, with a long-term lease option starting at $6,500 per month. This is a single-story retail building operating under a net lease tenancy agreement. This turnkey opportunity presents a rare chance to acquire an established business in a desirable location. The property's prime location and existing infrastructure make it an ideal investment for experienced restaurateurs or those seeking a profitable venture in the thriving Pennington market. The property is easily accessible from NJ-31, offering excellent visibility and convenient access for customers. Serious inquiries are encouraged to explore this unique opportunity further.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pennington
- County
- Mercer
- State
- New Jersey
- Longitude
- -74.7978
- Latitude
- 40.3569
