117 Watchung Ave

    Montclair Twp., NJ 07042
    • $350,000
    • STATUS: Active
    • ON SITE: 55 days
    • MLS #: 3569039
    UPDATED: 29 min ago
    $350,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,725
      SQFT
    • $203
      $/SQFT
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Here is your chance to own a piece of Montclair's historic business district. This favorite neighborhood deli, established in 1926, is a popular place for breakfast, lunch, and dinner. Services include Catering, Trademarked Specialty Sandwiches, Subs, Wraps, Soups, Salads. Great location with strong and loyal following and long standing traditions. Currently no advertising in place. Menu pricing is currently under market leaving significant room for new owners to generate additional revenue. Currently 5 employees who would stay on. Goodwill included. Option to Lease the store for $3000/month, or buy the Real Estate for $550,000 and get additional income from rental unit upstairs.

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    © 2019 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Mary K. Sheeran Team | Keller Williams Metropolitan. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Mary K. Sheeran Team | Keller Williams Metropolitan are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-08-22T06:46:32.08.
    www.maryksheeran.com/homes/96332434

    117 Watchung Ave Montclair Twp., NJ 07042

    • Price: $350,000
    • Status: Active
    • Updated: 29 min ago
    • MLS #: 3569039
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,725
    SQFT
    $203
    $/SQFT
    County:
    Essex
    Area:
    Montclair Twp.
    Property Description
    Here is your chance to own a piece of Montclair's historic business district. This favorite neighborhood deli, established in 1926, is a popular place for breakfast, lunch, and dinner. Services include Catering, Trademarked Specialty Sandwiches, Subs, Wraps, Soups, Salads. Great location with strong and loyal following and long standing traditions. Currently no advertising in place. Menu pricing is currently under market leaving significant room for new owners to generate additional revenue. Currently 5 employees who would stay on. Goodwill included. Option to Lease the store for $3000/month, or buy the Real Estate for $550,000 and get additional income from rental unit upstairs.
    Exterior Features

    Garage Description On-Street ParkingNone Location Business DistrictStrip Mall StoreResidential AreaShared Building Parking Driveway Description On-Street ParkingNoneSee Remarks Road Type City/Town Street

    Interior Features

    Available Sq Ft 1000 Basement Yes Basement Description Unfinished Cooling 2 UnitsWall A/C Unit(S)Central Air Fuel Type ElectricGas-Natural Number Of Lavatories 1

    Property Features

    Acceptable Financing BuyerCash Business Classification Retail Business Established 1926 Business Name Watchung Deli Documents Available See Remarks Existing Lease Seller Owns Building Gross Operating Income 644511 Heating 2 UnitsRadiators - SteamBaseboard - Electric Income Expense Source Owner Lease Amount Month 0 Net Operating Income 130250 Ownership Type Corporation Price Includes Business NameGoodwillBusiness Phone NumbersInventoryMachineryCustomer ListTrade Fixtures/EquipmentFurnishings Primary Business Classification Retail Real Estate For Sale Yes - Not Listed in Mls Sewer Public Sewer Total Operating Expense 514261 Utilities ElectricGas-Natural Utility Amount 0 Water Public Water Zoning Nc

    Listing information © 2019 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Keller Williams - Nj Metro Group.


    © 2019 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Mary K. Sheeran Team | Keller Williams Metropolitan. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Mary K. Sheeran Team | Keller Williams Metropolitan are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-08-22T06:46:32.08.
     
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