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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

349 Smith St Perth Amboy, NJ 08861

1,000 SF
Property ID
Property summary
AI-generated overview

This 1,000 square foot storefront located at 349 Smith Street, Perth Amboy, New Jersey, 08861 is a turn-key opportunity for an aspiring entrepreneur. Currently operating as a well-established grocery store, this property boasts a long history of serving the local community. The asking price is $25,000, representing a significant value for a business already equipped with essential commercial refrigeration (multiple refrigerators and freezers), extensive shelving for a diverse inventory of canned, packaged, and non-food items. The sale includes all existing equipment, allowing for immediate operation. The property's location in Middlesex County provides excellent access to a loyal customer base. A long-term lease is available, with a starting monthly rent of $2,500. This is an exceptional chance to own and operate a profitable business with established customer relationships and immediate revenue potential. The building's year of construction is unavailable. This is a rare opportunity to acquire a thriving business in a desirable location. Serious inquiries only.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,000 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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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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