29 Mill StMount Holly, NJ 08060

  • Other commercial real estate
  • 970 SF
For Sale
$1,100,000 View listing

Property Details for 29 Mill St

Lot size
0.13 AC
Property size (Sq ft)
970 SF
Zone code
B1
Property type
Other commercial real estate
APN
23 00051-0000-00050
APU
2300051000000050

Description

This thriving Eastampton Township, NJ restaurant and bar, located at 29 Mill Street, presents a unique investment opportunity. Boasting 6,560 square feet on a 0.12-acre lot, this fully operational establishment is priced at $1,100,000. The sale includes the real estate, a valuable liquor license, and all furniture, fixtures, and equipment (FF&E). Inventory will be handled separately at closing. The spacious layout comfortably seats up to 294 patrons, distributed across multiple seating areas on both floors. A fully equipped commercial kitchen ensures efficient food preparation. The property also features a dedicated bar area on each floor and a convenient office space. Situated in a prime, high-traffic area of Mount Holly, this turnkey business offers immediate income potential and significant upside for a savvy investor. The zip code is 08060, and the property is located in Burlington County, New Jersey. This is a rare opportunity to acquire a well-established restaurant and bar with a proven track record in a desirable location. Don't miss out on this exceptional investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $243,945
    Hospitality
    $223,452
    Educational
    $185,909
    Medical
    $192,303
    Retail
    $289,192
29 Mill St, Mount Holly, New Jersey

Location Insight

City
Mount Holly
County
Burlington
State
New Jersey
Latitude
39.9934
Longitude
-74.7867
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$10,844
$81,200
$253,700
$334,900
-
$81,200
$253,700
$334,900

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