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Property profile & analytics
OFF-MARKET
Commercial real estate

111 White Horse Pike Berlin, NJ 08009-1230

0.5 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US59-0724755
Property summary
AI-generated overview

This exceptional turnkey business opportunity in Berlin, NJ, presents a rare chance to own a well-established sandwich shop. Located on a highly visible corner lot of a busy road, this 1,800 square foot building boasts a prime location with ample parking. The property sits on a half-acre lot and features a newly paved driveway with space for twelve vehicles, including designated handicapped parking. The building itself has undergone a complete renovation, including a new roof, gutters, and HVAC system. Inside, you'll find a fully equipped kitchen with a 14-foot hood, extensive prep areas, a large kitchen space, a front counter, and a rear office that could be used for additional restaurant space or storage. All equipment is only two years old and in excellent working condition, making this a truly turnkey operation. The current setup is ideal for a sandwich shop, but the versatile space is also well-suited for other food-related businesses such as Chinese, Mexican, or pizza restaurants. The business has a strong history, having operated successfully in the area for 30 years. The owner is retiring, presenting a unique opportunity for a new owner to step in and continue the legacy or adapt the space to their own vision. The property includes all equipment and inventory, minimizing start-up costs and allowing for immediate operation. This is a fantastic opportunity for an entrepreneur seeking a profitable and established business in a desirable location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction FRAME
Lot 0.5 ac (21,601 SF)
Zoning code C-2
APN 05 00205-0000-00001
UPID US59-0724755
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Nvr INC · 4 yrs held
Nvr INC
since 2022
Last sale
$119,900
3 recorded transactions
2022
$119,900
2010
$150,000
1969
Price N/A
Zoning & alternative use
C-2 · Berlin, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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