129 Nj-31 Pennington, NJ 08534
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.