Dee McErlain - Coldwell Banker Hearthside
69-71 Route 156
HAMILTON, NJ 08620

$2,200,000

Description

Diversified investment opportunity in Hamilton, NJ with multiple streams of income and prime location, close to Routes 130, 195, 295, and the NJ Turnpike. Included in this sale are all of the following structures, which are all situated on a 1.46-acre lot: The Grove, a restaurant and established liquor store, a separate detached 2-unit residential building, and a garage/storage facility. Also included in the sale is the Broad C liquor license, trade fixtures and restaurant equipment. (Inventory must be purchased separately). With its strong local clientele base, The Grove (formerly known as Take It Easy) has successfully been serving food and drink in the Yardville section of Hamilton for many years. Both the liquor store and restaurant have undergone major updates over the past couple of years. The liquor store has newer HVAC, electric, and lights. The restaurant part of the building has been completely reconfigured and renovated down to the studs, providing a more upscale feel/ambiance than previously. The approximately 2,200 square foot, 2-family home, located on the southern part of the lot, has also been renovated throughout. One of the residential units currently is tenant-occupied on a month-to-month lease. The other residential unit is still in the process of being renovated. Also located on the property is a large garage/storage building for the owner's use. Now's your chance to own a diversified, virtually turn-key operation that will provide positive cash flow from day one. Call now with questions or to schedule a showing.

Details

MLS#1009950426
StyleIndustrial
Sub-TypeResale
StatusActive
Year1920
Days On Site62

Features

Story(s)0
ZoningCC

Market Activity 08620

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Area Information

StateNJ
CityHAMILTON
Zip Code08620
AreaHamilton Twp (21103)
Listing VS Median (in 08620)
Price:
$2,200,000
low | high
Med:
$300,000
100% of Average
On Site:
62
low | high
Med:
99
62.626262626263% of Average
Listing Updated: 12/18/2018
MLS Number: 1009950426
Listing Provided By:
Jennifer Jopko  of  RE MAX Tri County

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