108 Martinelli AveBuena, NJ 08341

Property Details for 108 Martinelli Ave

Year built

1977

Lot size

0.60 AC

Property size (Sq ft)

4,000 SF

Property type

Mixed-use properties

Description

This exceptional mixed-use property at 108 Martinelli Avenue in Buena, NJ, presents a unique investment opportunity. The 4,000 square foot building sits on a 0.6-acre lot and comprises a bar/restaurant and a one-bedroom apartment. Currently closed due to a partnership dissolution, the bar/restaurant is ready for a new owner to revitalize and reopen. Recent renovations, totaling approximately $75,000, have modernized the bar area and flooring, providing a solid foundation for immediate operation. The upstairs apartment offers a comfortable living space with a kitchen, living room, and bathroom, generating potential rental income or providing convenient owner's quarters. The asking price is $275,000, reflecting the motivated seller's desire for a quick sale. This property offers significant upside potential for an entrepreneur seeking a turnkey business venture with added residential income. The prime location in Buena, NJ, ensures convenient access to local amenities and a strong customer base. This is an excellent chance to acquire a well-maintained property with recent upgrades, ready for immediate occupancy and operation. The combination of commercial and residential space makes this a versatile and attractive investment. Don't miss this chance to own a piece of Buena's vibrant business landscape.

Location Insight

City

Buena

County

Atlantic

State

New Jersey

Latitude

39.5159

Longitude

-74.9472

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