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Property profile & analytics
OFF-MARKET
Commercial real estate

46 Thompson St Raritan, NJ 08869-1822

0.21 ac lot Built 1910
Entity Owned ~ Est. High Equity
Property ID
US59-2178591
Property summary
AI-generated overview

This exceptional retail property located at 46 Thompson Street, Raritan, New Jersey, 08869, presents a unique investment opportunity. Priced at $300,000, this two-story building houses a well-established bar, Michael's Inn, a popular local fixture for over 50 years. The business is being offered as a turnkey operation, meaning a buyer can step in and immediately begin operations. The bar itself has recently undergone a complete renovation, boasting updated equipment ready for immediate use. This is a rare chance to acquire a profitable, established business in a desirable location. It's important to note that the sale includes the business and its equipment, which are sold "as is." The building is also available for purchase, though this listing specifically focuses on the business opportunity. The property is situated in Somerset County, New Jersey, offering convenient access to local amenities and a strong customer base. This is an ideal opportunity for an experienced entrepreneur looking to acquire a thriving business with significant potential for growth. The property's prime location and the established reputation of Michael's Inn make this a truly compelling investment. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1910
Construction FRAME
Lot 0.21 ac (9,360 SF)
APN 16 00096-0000-00001
UPID US59-2178591
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
Benzino LLC
Benzino LLC
since 2025
Last sale
$350,000
4 recorded transactions
2025
$995,000
2021
$350,000
2009
Price N/A
1995
$300,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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