Homes for sale - 197-199 Madison AVE, Perth Amboy, NJ 08861

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$750,000

Est. payment - /mo

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0.5 BA

2,700 SqFt

Active

197-199 Madison AVE Perth Amboy, NJ 08861

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Christina "Chrissy Keys" Gelpi

chrissy@chrissykeys.com +1(732) 485-9393

UPDATED:

08/01/2024 06:52 PM

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $277

MLS Listing ID 2501404R

Half Baths 1

Originating Board CJMLS API

Year Built 1917

Annual Tax Amount $8,033

Tax Year 2022

Lot Size 3,349 Sqft

Acres 0.0769

Lot Dimensions 67.00 x 0.00

Property Description

Here is your opportunity to own a prime commercial building featuring a successful grocery store and a well-established laundromat in Perth Amboy. Located in a bustling neighborhood with high foot traffic and excellent visibility, this property is perfect for investors or owner-operators looking to expand their portfolio. This maintained property offers the ideal blend of convenience, comfort, and profitability. The grocery store side is fully stocked and operating grocery store with a loyal customer base. Spacious layout with modern shelving, refrigeration units, and a deli counter. Ample parking available for customers. Potential for additional revenue streams through local produce, specialty items, or online delivery services. All grocery store equipment is included in sale. The Laundromat side fully equipped laundromat with 15 washers and 19 dryers, including high-efficiency models. clean, well-maintained facilities with folding stations and vending machines. Strong demand in the area, providing consistent cash flow. Opportunity to increase revenue by offering wash-and-fold services or expanding hours of operation. Location highlights situated in a densely populated residential area with limited competition. Close proximity to schools, parks, and public transportation.Convenient access to major highways and thoroughfares. This property offers multiple streams of income, making it a fantastic investment opportunity. Both the grocery store and laundromat have demonstrated consistent performance for over 40 years, and the combined revenue potential is significant. Don't miss out on this unique opportunity to invest in a thriving business! With its desirable location and its two different businesses in the same building maximizing your return on investment. Seize the opportunity to secure a lucrative investment that promises financial stability and long-term growth. Schedule a viewing today before it's too late! AS IS! The seller is motivated.

Location

State NJ

County Middlesex

Community Extra Storage

Zoning x

Interior

Interior Features Appliances, Machinery, Office Equipment, Refrigeration, Furniture, Storage, See Remarks, Wall Covering

Heating Electric

Cooling Central Air

Flooring Concrete, See Remarks, Wall Covering

Appliance Appliances, Refrigeration, Exhaust System

Heat Source Natural Gas

Exterior

Community Features Extra Storage

Utilities Available Natural Gas Connected

Waterfront Description Waterfront

Roof Type Flat

Building

Lot Description Near Train, Corner Lot, Residential Area, Waterfront

Story 1

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 1600034000000029

Energy Description Natural Gas

Listed by UNITED R.E. OF NORTH JERSEY

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Christina "Chrissy Keys" Gelpi

Agent | License ID: 1329223

+1(732) 485-9393