197-199 Madison AVE Active Save Request In-Person Tour Request Virtual Tour
Perth Amboy,NJ 08861
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
Year Built 1917
Annual Tax Amount $8,033
Tax Year 2022
Lot Size 3,349 Sqft
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
Heating Electric
Cooling Central Air
Flooring Concrete,See Remarks,Wall Covering
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