For Sale
$25

129 Nj-31 Pennington, NJ 08534

Established Restaurant, Turnkey Opportunity, NJ

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents the Lakeside Cafe and Liquors, a thriving restaurant located at 129 NJ-31 in Pennington, New Jersey (08534), Mercer County. The property sits on a 1.72-acre lot and includes a 5,000 square foot cafe and bar space, along with two additional 2,000 square foot units currently leased to separate tenants. The property offers ample parking with 56 spaces. The asking price for the entire property, including real estate, fixtures, equipment, and liquor license, is $2,500,000. Alternatively, the cafe and bar are available for sale separately at $900,000, with a long-term lease option starting at $6,500 per month. This is a single-story retail building operating under a net lease tenancy agreement. This turnkey opportunity presents a rare chance to acquire an established business in a desirable location. The property's prime location and existing infrastructure make it an ideal investment for experienced restaurateurs or those seeking a profitable venture in the thriving Pennington market. The property is easily accessible from NJ-31, offering excellent visibility and convenient access for customers. Serious inquiries are encouraged to explore this unique opportunity further.

Highlights

  • Exceptional investment opportunity: Lakeside Cafe and Liquors, 129 NJ-31, Pennington, NJ 08534.
  • 1.72-acre lot with 5,000 sq ft cafe/bar plus two 2,000 sq ft leased units.
  • 56 parking spaces.
  • Asking price: $2,500,000 (entire property, including liquor license); Cafe/bar separately: $900,000 or $6,500/month lease.
  • Single-story retail building, net lease.

Property Details for 129 Nj-31

Property type
Retail properties, Restaurants
Stories
1
Lot Size (sq. ft)
74,923 SF

Location Insight

City
Pennington
County
Mercer
State
New Jersey
Latitude
40.356858
Longitude
-74.7977537

FAQs

What type of property is this?
Retail property - Established Restaurant, Turnkey Opportunity, NJ
Where is the retail property located?
The property is located at 129 Nj-31 Pennington, NJ.
What is the asking price?
The asking price for this property is $25.
What are key features of this property?
This property features: Exceptional investment opportunity: Lakeside Cafe and Liquors, 129 NJ-31, Pennington, NJ 08534.; 1.72-acre lot with 5,000 sq ft cafe/bar plus two 2,000 sq ft leased units.; 56 parking spaces.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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129 Nj-31
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