349 Smith St Perth Amboy, NJ 08861
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.