201 1st Ave Roselle, NJ 07203-1301
- Commercial real estate
- 0.23 lot acres
Current Use by Public Records
- White Rose System / Hamburger Restaurant / Diner
Property Details for 201 1st Ave
- Year built
- 1950
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.23 lot acres
- Zone code
- I
- Property type
- Commercial real estate
- APN
- 14 01601-0000-00002
- APU
- 1401601000000002
Description
This exceptional business opportunity in Roselle, NJ, presents a rare chance to acquire a well-established enterprise with a long history of profitability. Located at 201 E 1ST AVE, this property boasts decades of successful operation, cultivating an extensive and loyal customer base. The current business model generates substantial income, offering immediate returns for the new owner. However, the prime location and existing infrastructure also present significant potential for expansion and increased revenue. The property's high visibility ensures consistent foot traffic, making it ideally suited for a variety of uses, including its current operation or conversion to a fast-food franchise. The substantial goodwill built over many years provides a solid foundation for continued success and growth. This is a turnkey operation ready for a new owner to step in and capitalize on the existing strong revenue stream and significant upside potential. The asking price is $350,000. Serious inquiries only. Further details are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Roselle
- County
- Union
- State
- New Jersey
- Longitude
- -74.2603
- Latitude
- 40.6608
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
