112 Rt. 72Vincentown, NJ 08088

Property Details for 112 Rt. 72

Year built

1924

Lot size

2.38 AC

Property size (Sq ft)

4,500 SF

Property type

Other multifamily properties

Property subtype

Residential income properties

Description

This exceptional commercial property in Vincentown, NJ presents a rare investment opportunity. Situated on a high-profile, busy highway, the property encompasses 2.38 acres and includes three buildings, plus two additional vacant lots. The centerpiece is a well-established tavern and restaurant, operating successfully for nearly 101 years under only four owners. The 2,000 square-foot tavern retains its original log cabin charm while boasting a recently updated outdoor patio, expanding its entertainment space. A fully equipped commercial kitchen features walk-in cooler and freezer units, complemented by a new exhaust hood installed in 2021. Importantly, the liquor license is included in the sale. Supplementing the tavern's income are eight rental units, six currently occupied and two undergoing renovation. Coin-operated laundry facilities are available for tenant use. The total building square footage is 4,500 square feet. The property is being sold "as is," however, the seller is open to negotiations and concessions to expedite the sale and is also open to seller financing. Financial documentation will be required with any offer. This is a turnkey operation with significant income potential. All reasonable offers will be considered.

Location Insight

City

Vincentown

County

BURLINGTON

State

New Jersey

Latitude

39.8855

Longitude

-74.5696

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