Commercial Sale for sale in Penns Grove, New Jersey, NJSA2003456

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270 Shell Road,

Penns Grove, New Jersey NJ08069-2420

Listing IDNJSA2003456

Price$359,000

Price/SqFt$96.35

StatusACTIVE

SqFt 3,726

Acres 0.220

CountySalem

Year Built1930

Property TypeCommercial Sale

Property Sub TypeSports and Entertainment

Attention Savvy Entrepreneurs... Check out this longstanding classic bar and grill with a spacious one bedroom apartment on the second floor with huge potential. There is a class C retailer's license, currently suspended which the owner is in the process of reactivating. The second floor apartment offers a living room, dining room, kitchen, sizeable bedroom and a bath with a jacuzzi tub. The mechanicals (A/C and heaters) and walk-in refrigerator are all newer. The property is being sold in "As Is" condition. Inventory sold separate.

Primary Features

County Salem

Price/SqFt 96.35

Property Sub Type Sports and Entertainment

Property Type Commercial Sale

Year Built 1930

Zoning LC

Interior

Building Total SqFt Source Estimated

Central Air yes

Cooling Type Central A/C

Flooring Type Laminated, Wood

Heating yes

Heating Type Forced Air

External

Building Units Total 1

Car Parking Spaces 10

Construction Materials Stucco

Cooling Fuel Electric

Heating Fuel Natural Gas

Hot Water Natural Gas

Lot Dimensions Source Assessor

Lot Size Dimensions 95.00 x 103.00

Lot Size Source Assessor

Lot Size Units Square Feet

Navigable Water no

New Construction no

Parking Features Private, Paved Parking

Road Responsibility Boro/Township, State

Road Surface Type Paved

Roof Pitched, Shingle

Sewer Septic Public Sewer

Tidal Water no

Total Garage and Parking Spaces 10

Type of Parking Parking Lot

Utilities Electric Available, Natural Gas Available, Phone Available, Water Available, Sewer Available

Water Access no

Water Oriented no

Water Source Public

Water View no

Location

Country US

Location Type Downtown

MLS Area Carneys Point Twp (21702)

Municipality CARNEYS POINT TWP

Views Street

Waterfront no

Additional

Accessibility Features None

Building Classification Class B

Business Type Restaurant/Bar

Days on Market 343

Potential Tenancy Multiple

Property Condition Average

Property Use Owner User

Year Assessed 2022

Year Built Source Assessor

Financial

Acceptable Financing Conventional, Cash

Automatically Update Tax Values yes

Exclusions Inventory - sold separately.

Ground Rent Exists no

Lease Considered no

Net SqFt 3726

Ownership Interest Fee Simple

Possession Settlement

Riparian Rights no

Sale Type Standard

Tax Annual Amount 11044

Tax Assessed Value 329700

Tax Data Updated no

Tax Lot 00001

Tax Year 2022

Vacation Rental no

Zoning Info

Listing courtesy of Warner Real Estate & Auction Company (856) 769-4111

© 2023 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is 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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of Warner Real Estate & Auction Company. Data last updated on Thursday, March 23rd, 2023 05:08:34 PM.