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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

129 Nj-31 Pennington, NJ 08534

1.72 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Lot 1.72 ac (74,923 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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