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51 W Somerset St

Raritan Boro, NJ 08869
  • $495,000
  • STATUS: Active
  • ON SITE: 111 Days
  • MLS #: 3885312
UPDATED: 125 min ago
$495,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,800
    SQFT
  • $275
    $/SQFT
Neighborhood:
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

Price Reduced! Amazing Restaurant Business with Real Estate. This is an Award Winning Takeout & Catering Restaurant established 37 years in thriving Raritan downtown next to Somerville. Current Owners are semi retired, only open 6 hours a day 5 days a week. New owners can expand by simply increasing hours & adding seating. Building also has a 2 Bedroom Apartment on the 2nd Floor for additional income. Large Storage Shed & Parking in Back. Low property taxes. Building is only 4 Blocks to Raritan Train Station, just a short 6 minutes walk. Plus access to a Great School System. Motivated Seller, make offer.

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-05-30T12:47:18.723.
www.baerhomes.com/homes/147418281
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51 W Somerset St Raritan Boro, NJ 08869

  • Price: $495,000
  • Status: Active
  • On Site: 111 Days
  • Updated: 125 min ago
  • MLS #: 3885312
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,800
SQFT
$275
$/SQFT
Neighborhood:
Downtown
County:
Somerset
Area:
Raritan Boro
Property Description
Price Reduced! Amazing Restaurant Business with Real Estate. This is an Award Winning Takeout & Catering Restaurant established 37 years in thriving Raritan downtown next to Somerville. Current Owners are semi retired, only open 6 hours a day 5 days a week. New owners can expand by simply increasing hours & adding seating. Building also has a 2 Bedroom Apartment on the 2nd Floor for additional income. Large Storage Shed & Parking in Back. Low property taxes. Building is only 4 Blocks to Raritan Train Station, just a short 6 minutes walk. Plus access to a Great School System. Motivated Seller, make offer.
Exterior Features

Garage Description None Location Business District Parking Driveway Description AssignedBlacktop Road Type City/Town Street

Interior Features

Available Sq Ft 1800 Basement Yes Basement Description Unfinished Cooling Central AirWall A/C Unit(s) Fuel Type Gas-Natural Number Of Lavatories 2

Property Features

Business Classification RetailSee Remarks Business Established 1986 Business Name Francesco's Documents Available See Remarks Existing Lease Seller Owns Building Gross Operating Income 389400 Heating Forced Hot AirRadiators - Steam Lease Amount Month 0 Net Operating Income 164196 Ownership Type Sole Proprietorship Price Includes Business NameBusiness Phone NumbersCustomer ListFurnishingsGoodwillSignsTrade Fixtures/Equipment Primary Business Classification Retail Real Estate For Sale Yes - Listed Under Commercial Sewer Public Sewer Total Operating Expense 225204 Utilities ElectricGas-Natural Utility Amount 0 Water Public Water

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Re/Max Competitive Edge: 732-548-5555.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-05-30T12:47:18.723.
 
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South Nyack NY, 10960