1331 Magie Ave Union, NJ 07083-8080
This exceptional retail property, located at 1331 Magie Avenue in Union Township, New Jersey, presents a unique investment opportunity. Priced at $130,000, this established vape shop is being offered fully furnished and stocked with merchandise, representing a turnkey operation for a new owner. The current owner is relocating and is only selling due to this circumstance, making this a rare chance to acquire a profitable business. The property's address is 1331 Magie Avenue, Union Twp, NJ 07083. The building's year of construction is not specified. Beyond the core vape shop business, this property generates additional weekly income through lottery sales and ATM commissions, providing a significant boost to overall profitability. This represents a compelling opportunity for an entrepreneur seeking an established business with immediate revenue streams. The sale includes all existing furnishings and merchandise, minimizing upfront investment costs for the buyer. This is a truly exceptional opportunity to own and operate a successful business in a desirable location. Don't miss this chance to acquire a profitable, established business with additional income streams.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
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.