522 Southern Blvd Chatham Township, NJ 07928
This exceptional opportunity presents a rare chance to acquire a thriving retail space in desirable Chatham Township, New Jersey, coupled with a valuable plenary retail ("33") consumption liquor license. Located at 522 Southern Blvd, 07928, this property is priced to sell at $425,000. The license itself is a significant asset, permitting the sale of alcoholic beverages for on-premises consumption by the glass or in open containers, and also allowing off-premises sales in original packaging. This versatile setup offers a wide range of potential uses for a savvy investor or owner-user. The property is classified as retail, specifically a restaurant, making it ideal for a variety of food and beverage establishments. There are no rent bumps associated with this property, providing predictable and stable operating costs. The property's prime location in Morris County, New Jersey, ensures high visibility and accessibility to a substantial customer base. This is a turnkey opportunity for an entrepreneur looking to establish or expand their business in a thriving market. The combination of a prime location and a highly sought-after liquor license makes this a truly unique and compelling investment. Don't miss this chance to own a piece of Chatham Township's vibrant commercial landscape. Serious inquiries only.
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
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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.