1331 Magie AveUnion, NJ 07083

Property Details for 1331 Magie Ave

Lot size

1.55 AC

Property type

Commercial real estate

APN

19 00405-0000-00049

APU

1900405000000049

Description

This exceptional retail property, located at 1331 Magie Avenue in Union Township, New Jersey, presents a unique investment opportunity. Priced at $130,000, this established vape shop is being offered fully furnished and stocked with merchandise, representing a turnkey operation for a new owner. The current owner is relocating and is only selling due to this circumstance, making this a rare chance to acquire a profitable business. The property's address is 1331 Magie Avenue, Union Twp, NJ 07083. The building's year of construction is not specified. Beyond the core vape shop business, this property generates additional weekly income through lottery sales and ATM commissions, providing a significant boost to overall profitability. This represents a compelling opportunity for an entrepreneur seeking an established business with immediate revenue streams. The sale includes all existing furnishings and merchandise, minimizing upfront investment costs for the buyer. This is a truly exceptional opportunity to own and operate a successful business in a desirable location. Don't miss this chance to acquire a profitable, established business with additional income streams.

• Alternative Use

  Use

  Valuation

  Residential

  $12,785,373

  Hospitality

  $11,711,333

  Educational

  $9,743,691

  Medical

  $10,078,792

  Retail

  $15,156,853

Location Insight

City

Union

County

Union

State

New Jersey

Latitude

40.671

Longitude

-74.254

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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