Karen Coulter - Coldwell Banker Hearthside
638-640 Stokes Rd
MEDFORD LAKES, NJ 08055

$1,050,000

Description

Incredible opportunity to own two properties in Medford Lakes! 5,000 square foot restaurant/business for sale on nearly 2 acres! This BYOB Pizza/Banquet restaurant features seating for over 150! A beautiful dining room consists of 17 tables for 6 and an additional, separate dining room with seating for almost 50, oversized kitchen & prep area. Owner added pizza ovens. Gorgeous cathedral ceilings are featured in the dining room and there tile floor throughout. 4 bathrooms plus parking for over 50. Newer roof, 2 zone Gas HVAC, new compressor and new condensor. Included in the sale is a 2 family house also on the property. There are 3 bedrooms and 2 brand new bathrooms in the home. New hardwood floors. All new windows and doors and a new roof. Vinyl siding, natural gas with 2 gas meters. Very busy location with high traffic count.Seller is willing to lease or Lease to purchase also. This is an incredible investment opportunity! Don't miss out!

Details

MLS#NJBL103658
StyleIndustrial
Sub-TypeResale
StatusActive
Year1979
Days On Site27

Features

SQ Feet5,000
Story(s)0
ZoningGC

Market Activity 08055

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Area Information

StateNJ
CityMEDFORD LAKES
Zip Code08055
AreaMedford Twp (20320)
Listing VS Median (in 08055)
Price:
$1,050,000
low | high
Med:
$372,400
100% of Average
SqFt:
5,000
low | high
Med:
2,548
99.04% of Average
$ / SqFt:
$210
low | high
Med:
$147
79.892827002198% of Average
On Site:
27
low | high
Med:
38
71.052631578947% of Average
Listing Updated: 12/09/2018
MLS Number: NJBL103658
Listing Provided By:
Rocco D'Armiento  of  BHHS Fox Roach-Princeton

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