101 Hamilton StHarrison, NJ 07029

Property Details for 101 Hamilton St

Year built

1900

Construction

FRAME

Lot size

0.06 AC

Property size (Sq ft)

3,232 SF

Property type

Commercial real estate

APN

04 00012-0000-00001- 02

APU

40001200000000102

Description

This thriving deli and grocery store, located at 101 HAMILTON ST in Harrison, NJ, presents a fantastic business opportunity. The establishment is well-established and enjoys a strong reputation, attracting a loyal customer base from Harrison and surrounding communities. Its unique selling proposition lies in its curated selection of imported goods from Mexico, Peru, and Ecuador, catering to a diverse clientele and offering a distinct market advantage. The business is offered at $149,900 and comes completely equipped with all necessary fixtures, equipment, and inventory, allowing for a seamless transition for the new owner. This turnkey operation eliminates the need for significant upfront investment in setup and stocking, minimizing the risk and maximizing the potential for immediate profitability. The location itself benefits from high visibility and convenient access, ensuring consistent foot traffic and maximizing exposure to potential customers. This is an exceptional opportunity for an entrepreneur seeking a profitable, established business with a proven track record and significant growth potential. The current inventory is included in the sale price, providing a ready-to-go operation from day one. Serious inquiries are encouraged to explore this exciting opportunity further. Financial details are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $605,592

  6.5%

  $559,008

  7%

  $519,079

• Comparable approach

  Method

  Valuation

  Relative Method

  $422,293

  Geo Method

  $422,293

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,100,560

  Retail / Commercial

  $564,361

  Mixed-Use / Specialty

  $562,349

  Hospitality / Lodging

  $412,578

  Office

  $559,008

  Institutional / Educational

  $584,616

  Residential Income

  $684,001

  Multifamily

  $820,354

  Automotive / Energy

  $501,100

  Parking / Income-Based Land

  $172,923

  Restaurant / Food Service

  $292,482

  Healthcare / Senior Housing

  $576,678

Location Insight

City

Harrison

County

Hudson

State

New Jersey

Latitude

40.7471

Longitude

-74.1611

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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