Property profile

913 Cpe May Ave Hamilton, NJ 08330

OFF-MARKET
Retail properties & Spaces
3,200 SF 0.43 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,200 SF
Lot 0.43 ac (18,731 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

913 Cpe May Ave Hamilton, NJ 08330
Hamilton metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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