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Property profile & analytics
OFF-MARKET
Commercial real estate

1090 Rte 22 Annandale, NJ 08833

3.92 ac lot Built 1940
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 1090 Route 22, Unit 1090 in Annandale, NJ, presents a lucrative investment opportunity. The 3.92-acre lot boasts a thriving bar and restaurant with an existing liquor license, offering immediate income potential. Adding to the revenue stream are two separate cottages and a three-room rental unit situated above the bar, providing significant passive income. The property benefits from a high-traffic, high-visibility location directly on Route 22, ensuring excellent exposure to potential customers. Ample parking is available on-site. The C-1 zoning allows for a variety of retail sales uses, expanding the potential for future development or business ventures. Recent upgrades enhance the property's value and functionality, including newly installed bathrooms in the restaurant, a central AC unit replaced in 2020, and a furnace and hot water heater replaced in approximately 2021. All existing bar equipment is included in the sale. This turnkey operation offers a rare blend of established income and significant growth potential, making it an ideal investment for discerning buyers. The property's prime location and diverse income streams make it a truly exceptional opportunity.

Property profile
Verified
Property type Commercial real estate
Year built 1940
Lot 3.92 ac (170,755 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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