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$1,300,000
Est. payment /mo
9,147 Sqft Lot
UPDATED:
07/31/2024 11:08 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3906930
Year Built 1910
Annual Tax Amount $11,863
Tax Year 2022
Lot Size 9,147 Sqft
Property Description
Welcome to your golden investment opportunity! Discover this building in the heart of downtown Raritan Boro, boasting a fully renovated and popular bar/restaurant, complemented by four fully rented apartments. It showcases a new roof, siding, bar top, paved private parking lot and central air (bar only), ensuring a turnkey space for your venture.This gem shines with the charm of a well-established bar/restaurant (see separate business listing), attracting a loyal and enthusiastic clientele. Its prime location in a bustling downtown area promises continuous foot traffic and a thriving atmosphere. This venture offers a perfect blend of stability and growth potential.Beyond the bar/restaurant, the building's income-generating potential expands with its four fully rented apartments. Benefit from passive income streams, creating a sound financial base for your investment.Please note that this listing is for the building only. As-is, no repairs or credits. The bar/restaurant business is listed separately.
Location
State NJ
County Somerset
Zoning R4
Rooms
Basement Full, Unfinished
Interior
Heating Gas-Natural
Cooling 1 Unit, Central Air, Window A/C(s)
Equipment Burglar Alarm, Exhaust System, Fire Alarm, Kitchen Area, Restrooms - Public, Sign - Building
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block, Vinyl Siding
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Parking Type Blacktop, On-Street Parking, Parking Lot-Exclusive
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by KELLER WILLIAMS ELITE REALTORS