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    OFF-MARKET
    Retail properties & Spaces

    381-387 Avenel St, Woodbridge Township, NJ 07001

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    AI-generated overview

    This exceptional commercial property at 381-387 Avenel Street #3 in Woodbridge Township, New Jersey, presents a unique investment opportunity. The property consists of a single-tenant, 3,000 square foot retail space situated on a 0.124-acre lot. Currently operating as a well-established deli and restaurant, this turnkey business boasts a 25-year history of serving the local community. The sale includes all existing equipment, allowing for immediate operation. The space features a 16-foot hood and exhaust system, a 5-foot grill, a 5-foot fryer/stove/oven, and seating for 48 patrons. The business generates $150,000 in annual revenue and is offered with a transferable lease. The property is zoned B-1 and has a single story building with no on-site parking. The property's address is 381-387 Avenel Street #3, Avenel, NJ 07001, and its APN is 250082100000000101. This is an ideal opportunity for an experienced restaurateur or investor seeking a profitable, established business with significant growth potential. The property's location in Woodbridge Township provides easy access to a dense residential area and high foot traffic. This turnkey operation minimizes start-up costs and allows for immediate revenue generation.

    Property profile
    Verified
    Property type Retail properties & Spaces
    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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