537 North Broadway Pennsville, NJ 08070
Great commercial location, located on Route 130 (N. Broadway) just a block from one of the busiest roadways on the east coast. The property is just a couple hundred feet from the NJ Turnpike, I295, Route 40 and the Delaware Memorial Twin Bridges. The building was a restaurant for many years. The first floor features a large dining room with high ceilings, a large bar area and a large kitchen, The 2nd floor has 2 rooms, one used as a large banquet room and 1 for meetings. The building has a full basement and a paved parking lot. The 1st floor is handicap accessible with 2 ramps. Included in the sale is a vacant lot across the street (80'x98') which has been used for overflow parking, The building could be used for may purposes: Offices, daycare, retail, fast food, catering, medical, etc... any remaining restaurant/kitchen supplies will remain with the property, if the buyer requests it. Owner will consider a lease purchase option. Property being sold in "as is" condition. Great location, great opportunity at a great price!! There is a duplex building on the property that is NOT included in the sale. The seller is in the process of subdividing the duplex off of the main building. Once that is completed, the lot will be smaller ( it will NOT affect the size of the parking lot) and the property taxes will also be reduced, The lower property tax has not yet been determined, but the township's rough estimate is that the taxes will be reduced by approximately $3,700 per year.
|an hour ago||Listing updated with changes from the MLS|
|4 months ago||Listing first seen online|
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