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    41 E Cherry St

    Rahway City, NJ 07065
    • $65,000
    • STATUS: Active
    • ON SITE: 178 days
    • MLS #: 3625721
    Price Reduced
    UPDATED: 99 min ago
    $65,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,200
      SQFT
    • $54
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    The Town Famous Rahway Grille is waiting for you to take over. Just one short Block from the Rahway Train Station. A Direct line to New York Penn Station. Thriving Community with so much potential. Turn Key Business Opportunity Open for Breakfast and Lunch, Take out and Delivery along with Indoor seating. So much potential to expand hours and add evening take out and dining, as well as pick up and go for the busy commuter. All equipment is included except the Pepsi and coffee machine which are leased and not included unless you assume the lease agreement which is simply to use their products. Many new items. Equipment alone totals an estimated 38k. There is plenty of storage at the rear of the kitchen as well as a Basement that offers plenty of additional storage space.

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    © 2020 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 Coldwell Banker Residential Brokerage. 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 Coldwell Banker Residential Brokerage 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 2020-09-21T06:46:21.373.
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    41 E Cherry St Rahway City, NJ 07065

    • Price: $65,000
    • Status: Active
    • Updated: 99 min ago
    • MLS #: 3625721
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,200
    SQFT
    $54
    $/SQFT
    Neighborhood:
    Downtown / Train
    County:
    Union
    Area:
    Rahway City
    Property Description
    The Town Famous Rahway Grille is waiting for you to take over. Just one short Block from the Rahway Train Station. A Direct line to New York Penn Station. Thriving Community with so much potential. Turn Key Business Opportunity Open for Breakfast and Lunch, Take out and Delivery along with Indoor seating. So much potential to expand hours and add evening take out and dining, as well as pick up and go for the busy commuter. All equipment is included except the Pepsi and coffee machine which are leased and not included unless you assume the lease agreement which is simply to use their products. Many new items. Equipment alone totals an estimated 38k. There is plenty of storage at the rear of the kitchen as well as a Basement that offers plenty of additional storage space.
    Exterior Features

    Garage Description See Remarks Location Business District Parking Driveway Description Assigned Road Type City/Town Street

    Interior Features

    Available Sq Ft 1200 Basement Yes Basement Description Bilco-Style Door Cooling 2 UnitsWall A/C Unit(S) Fuel Type Electric Number Of Lavatories 2

    Property Features

    Acceptable Financing BuyerCash Business Classification Professional Service Business Name Rahway Grill Documents Available See Remarks Existing Lease Lease TransferableLong TermSeller Does Not Own Building Gross Operating Income 185400 Heating 2 UnitsFloor/Wall HeaterRadiant - ElectricSpace Heater Income Expense Source OwnerSee Remarks Lease Amount Month 1400 Net Operating Income 49000 Ownership Type Sole Proprietorship Price Includes Business NameBusiness Phone NumbersInventory SeparateMachinerySignsTrade Fixtures/Equipment Primary Business Classification Professional Service Real Estate For Sale No Re Available Sewer Public Sewer Total Operating Expense 136000 Utilities ElectricGas-Natural Utility Amount 9999 Water Public Water

    Listing information © 2020 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Era Suburb Realty.


    © 2020 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 Coldwell Banker Residential Brokerage. 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 Coldwell Banker Residential Brokerage 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 2020-09-21T06:46:21.373.
     
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    Coldwell Banker Residential Brokerage
    145 Maplewood Avenue
    Maplewood NJ, 07040