555 Penn St Perth Amboy, NJ 08861
- Specialty properties
Current Use by Public Records
- Jennifer Lounge Restaurant / Restaurant / Diner
Property Details for 555 Penn St
- Year built
- 9999
- Property type
- Specialty properties
Description
Discover a remarkable investment opportunity: a fully operational restaurant located at 555 Penn Street, Perth Amboy, New Jersey, 08861. This exceptional property is priced at $579,900 and boasts a spacious layout capable of comfortably seating up to 200 guests, ideal for a wide range of events, from intimate dinners to large-scale celebrations. The property includes a valuable full liquor license, allowing for a diverse and profitable beverage program. The restaurant's ambiance is enhanced by a sophisticated, state-of-the-art sound system, ensuring a perfect atmosphere for any occasion. Security is a top priority, with a comprehensive security camera system installed for peace of mind. This single-story building presents a turnkey operation in a vibrant location. The property is classified as Special Purpose and is currently not yielding a cap rate. This is a rare chance to acquire an established and successful restaurant business in a desirable New Jersey market. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Perth Amboy
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.2713
- Latitude
- 40.5186