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538 N BROADWAY, Deepwater, NJ 08023

$289,900
Commercial Property MLS# 1000373701 ID: 46020896
$289,900 Get Rates

Commercial Sale - DEEPWATER, NJ
Former Travaglini Restaurant located in the Deepwater section of Pennsville. Located justseveral hundred feet from the NJ Turnpike, I295 (EXIT 1)& the Delaware Memorial Bridges, a VERY high traffic corridor!! Restaurant seats 70 in main dining room, 15 at the bar area and 60 in 2nd floor banquet rooms. Sale includes the restaurant building, a 2 story duplex building, and a vacant (parking) lot located across the street for overflow parking. All existing equipment remain with the sale including a walk in refrigerator. There are 2 rest rooms on each floor and the first floor is ADA compliant. The duplex grosses 1,475 per month with 2 very long term tenants. Also included is an overflow parking lot located across the street. The 2nd floor was completely renovated in 2001 into a banquet facility with all new electric. The Travaglini name can stay with the building, if desired. The owner will consider doing a lease purchase of the building. ***OTHER POSSIBLE USES***: The building could also be used as an office building (medical, insurance, service, etc.) with the 2nd floor as a conference room or 2 separate meeting rooms, a retail business, veterans home, pizzeria or fast food shop. With some imagination, the 2nd floor could be converted back to 1 large apartment or 2 smaller units and the first floor as retail space or another apartment or 2. The location could be a great spot for an auto parts store sports bar or antique shop. Think outside the box, with it's great location, large parking lot(s) and supplemental income from the existing included duplex, the possibilities are infinite!! There is a class C liquor license for sale in Pennsville Township that could make the restaurant into a full service restaurant business. Great opportunity at a great price.

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Location Information near 538 N BROADWAY
Offered by David Wright at River Beach Realty Inc

Would you like more information regarding this property?
Please call (856) 678-8100.

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Property Features for 538 N BROADWAY
Status
Market Status
Available
Last Updated
November 22, 2017
Description
Property Type
Commercial Property
Year Built
1937
Stories
2.0
Approx. Lot Size
0.26 Acres
Sq. Feet
4,104

Building Features

  • Roof: Composition Shingle
  • Stories: 2.0

Exterior Features

  • Exterior Construction: Brick; Masonry; Stucco
  • Garage
  • Parking: Off Street; Paved or Surfaced

Interior Features

  • Floors: Brick; Carpet; Tile

Legal/Financial

  • Taxes: 13625

Listing Features

  • Property Type: Commercial;

Data Provided by TREND MLS

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More information about this $289,900 Commercial Property at 538 N BROADWAY

This $289,900 Commercial Property at 538 N BROADWAY in Deepwater, NJ is presented by David Wright. This $289,900 Commercial Property, located in the 08023 zip code, has the following property features: Floors, Property Type, Taxes, Parking. This 538 N BROADWAY Commercial Property, located in Salem County , is listed under MLS listing number 1000373701 and has a listing price of $289,900. You can find more DEEPWATER homes for sale here.