117 Watchung Ave, Montclair Twp.

$179,000

0 Beds
0 Baths
1,225 Sqft
0 Acres
0 Garages

Here is your chance to own a piece of Montclair's historic business district. This favorite neighborhood deli, established in 1926, is a popular place for breakfast, lunch, and dinner. Services include Catering, Trademarked Specialty Sandwiches, Subs, Wraps, Soups, Salads. Great location with strong and loyal following and long standing traditions. Currently no advertising in place. Menu pricing is currently under market leaving significant room for new owners to generate additional revenue. Currently 5 employees who would stay on. Goodwill included. Option to Lease the store for $3000/month, or buy the Real Estate as an owner operator for an additional $529,000 (for a total purchase price of $708k) and get income from rental unit upstairs.

Essential Information
MLS® #3569039
Price$179,000
Square Footage1,225
TypeBusiness
StatusActive
Community Information
Address117 Watchung Ave
CityMontclair Twp.
CountyEssex
StateNJ
Zip Code07042
Amenities
UtilitiesElectric, Gas-Natural
GaragesNone, On-Street Parking
Interior
HeatingElectric, Gas-Natural
Has BasementYes
BasementUnfinished
Cooling

Central Air, 2 Units, Wall A/C Unit(s)

Additional Information
Date ListedJune 27th, 2019
ZoningNC
Office

KELLER WILLIAMS - NJ METRO GROUP

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Listing information last updated on June 6th, 2020 at 10:04am EDT.