1973 Clayton Williamstown Rd Franklinville, NJ 08322
- Bars
- 3,818 SF
- 0.86 lot acres
Current Use by Public Records
- Bars
Property Details for 1973 Clayton Williamstown Rd
- Year built
- 1955
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.86 lot acres
- Property size
- 3,818 SF
- Zone code
- RA
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 05 00201-0000-00008
- APU
- 500201000000008
Description
This exceptional 3,818 square foot retail property, situated on a 0.86-acre lot at 1973 Clayton Williamstown Road in Franklinville, NJ, presents a unique business opportunity. Previously operating a successful business generating $600,000 in revenue, this location offers the potential to be the only business of its kind in town. The sale includes all existing equipment in its current condition, representing significant value for a prospective buyer. A valuable liquor license is also included in the sale. The property is being sold "as is," and the buyer will be responsible for meeting all lender, town, and county requirements. Note that a new septic system will be required. The existing building offers considerable potential for expansion and customization. Conceptual improvements include adding a front porch to enhance curb appeal and opening the rear area to create outdoor seating and children's play areas. This property is ideal for an entrepreneur looking to establish a new business or for an existing business seeking to expand its reach into a thriving market. The strong revenue history and prime location make this a compelling investment opportunity. Don't miss this chance to own a piece of Franklinville's commercial landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $320,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $245,000
- 6.5%
- $210,000
- 7%
- $235,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $230,000
- Geo Method
- $215,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $230,000
- Retail
- $220,000
- Mixed-Use
- $275,000
- Hospitality
- $210,000
- Educational
- $240,000
- Residential Income
- $265,000
- Energy
- $230,000
- Income-Based Land
- $215,000
- Food Service
- $255,000
Location Insight
- Map
- Local Demand
- City
- Franklinville
- County
- Gloucester
- State
- New Jersey
- Longitude
- -75.0465
- Latitude
- 39.6563
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA