Lakewood, NJ 08701,681 RIVER AVE
Lakewood, NJ 08701,681 RIVER AVE
$800,000
Est. payment /mo
$750,000
6.7%
Est.Price: ?

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21,446 SqFt
SOLD DATE : 12/31/2020

Key Details

Sold Price $800,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 21,446 sqft

Price per Sqft $37

Subdivision None Available

MLS Listing ID NJOC391496

Sold Date 12/31/20

HOA Y/N N

Originating Board BRIGHT

Year Built 1975

Annual Tax Amount $100,679

Tax Year 2020

Lot Dimensions 279.00 x 300.00

Property Description

Well established Rita's Italian Ice Franchise in highest traffic area in town. Conveniently located in a large strip mall on a major thoroughfare. This is one of the only existing Kosher Rita's locations. Many area kids, sports teams, and schools frequent the shop with long wait lines. Husband and wife team plan to retire once the business is sold but will stay on and help future owners for 6 months. Sale is for business and includes all new condition equipment necessary valued in excess of $200k. Lease is existing for property with 2-5 year extensions. Franchise has just been renewed and fees paid for.

Location

State NJ

County Ocean

Area Lakewood Twp (21515)

Zoning HD7

Interior

Hot Water Electric

Heat Source Natural Gas

Exterior

Garage Spaces 20.0

Waterfront N

Water Access N

Accessibility None

Total Parking Spaces 20

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Others

Tax ID 15-00782-00001

Ownership Leasehold

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Sharif Hatab • BHHS Fox & Roach - Robbinsville
Bought with Non Member • Non Subscribing Office

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Karen Wilkinson

+1(732) 599-1938

Agent | License ID: 0343436

Agent License ID: 0343436

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