Current Use by Public Records
- Retail properties & Spaces
Property Details for 913 Cpe May Ave
- Lot size
- 0.43 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional Hamilton, NJ, retail property presents a unique investment opportunity. The 3,200 square foot building, situated on a 0.43-acre lot, is currently operating as Jo-Ann's Restorante & Pizzaria, a family-owned Italian restaurant with a 25+ year history. The asking price is $635,000, translating to $198.44 per square foot. The property boasts excellent visibility and accessibility, located on Route 50 with convenient proximity to Routes 40, 322, and the AC Expressway, ensuring high car counts and customer convenience. Ample on-site parking is available, complemented by prominent signage. The building is zoned GC, offering flexibility for various uses beyond its current operation. While currently a restaurant, the space is well-suited for alternative uses such as professional/medical offices, retail, personal services (salon, spa, studio), or financial/banking institutions. An upstairs area, accessible via a separate rear entrance, includes a full bath but is not residential. The current owners are willing to assist with a smooth transition, potentially continuing daily operations, catering, and banquet hosting. This is an end-user property ideal for either continued restaurant use or a change of purpose.
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
- Hamilton
- County
- Atlantic
- State
- New Jersey
- Longitude
- -74.7235
- Latitude
- 39.4594
