112 Rt. 72 East, Vincentown, NJ 08088

$250,000

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Sold Price
$250,000
List Price
$1,100,000
Closing Date
Mar 28, 2025
Days on Market
163
Status
CLOSED
MLS#
NJBL2074508
Lot Size (Acres)
2.38
Year Built
1924
County
Burlington
School District
Lenape Regional High

Property Description

A Rare Opportunity to Own a Thriving Business! Located on more than 2.38 acres on a high profile busy highway, this well established Tavern/Restaurant, and 8 rental properties, is a golden opportunity to purchase an income producing commercial property at a competitive price point. A total of three buildings, and two additional lots (see attached survey). Owned and operating for nearly 101 years, the current owner, only the forth in all that time. The 2K SF Tavern boasts original log cabin aesthetics and blends naturally into its peaceful surroundings. It features a new updated outdoor patio, expanding the available SF for more patronage and entertainment space. There is a full commercial kitchen with a walk-in cooler and walk-in freezer. The new exhaust hood was installed in 2021. And The Liquor License is included in the sale! The rental properties are easy to maintain and easy to rent. There are currently 6 occupied units and 2 under renovation. Please see the listing remarks for the current rental amounts. There are coin operated W/D on the property for tenant use, included in the sale. The sale is As Is but the seller is willing to negotiate and offer concessions to facilitate the sale! Owner is open to seller financing. Bring your Offer and POF and lets make it happen! All reasonable offers will be considered!

Additional Information

Area
Woodland Twp (20339)
Taxes
$13,176
Flooring
Tile/Brick, Wood, Carpet, Vinyl
Heating
Central
Cooling
Central A/C, Ceiling Fan(s), Window Unit(s)
Water
Well
Sewer
On Site Septic

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Calculator source: Real Geeks

Listing courtesy of Weichert Realtors-Cherry Hill. Contact:

Selling Office: .