334 Main St Matawan, NJ 07747-3239
- Commercial real estate
- 4,998 SF
- 0.63 lot acres
Current Use by Public Records
- Matawan Cleaners / Dry Cleaner
- Cut and Curl Hair Salon / Hair Salon
- New Nail Salon / Nail Salon
- La Madona Italian Cuisine and Pizzeria / Pizza Restaurant / Pizza Takeout
Property Details for 334 Main St
- Year built
- 1966
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.63 lot acres
- Property size
- 4,998 SF
- Zone code
- GB
- Property type
- Commercial real estate
- APN
- 31 00047- 02-00013
- APU
- 31000470200013
Description
This exceptional turnkey business opportunity presents a well-established dry cleaning operation located at 334 Main Street, Unit 334, in the vibrant town of Matawan, New Jersey. The property boasts a spacious 4,998 square feet of interior space, perfectly suited for the current dry cleaning business and offering potential for expansion or adaptation to other uses. Situated on a 0.63-acre lot, the property enjoys excellent visibility and accessibility, benefiting from its prime Main Street location. The current owner, after many years of successful operation, is looking to retire and is offering a smooth transition for a new owner. This includes valuable on-site training to ensure a seamless handover of operations and established clientele. Furthermore, owner financing may be available, making this an attractive proposition for qualified buyers seeking a profitable venture with reduced upfront capital requirements. The asking price for this established business, including the real estate, is $300,000. This presents a rare opportunity to acquire a profitable, established business with significant growth potential in a desirable New Jersey location. Serious inquiries are encouraged to explore this unique opportunity further. The property's size and location make it an ideal investment for entrepreneurs seeking a ready-made business with a strong foundation for continued success.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,125,000
- 6.5%
- $1,040,000
- 7%
- $965,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $603,000
Market price range: $265k - $1.03M
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Location Insight
- Map
- Local Demand
- City
- Matawan
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.2378
- Latitude
- 40.4044
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA