$800,000
$800,000
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2,500 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 2,500 sqft
Price per Sqft $320
Subdivision None Available
MLS Listing ID NJOC391500
Sold Date 12/31/20
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $47,310
Tax Year 2020
Lot Dimensions 0.00 x 0.00
Property Description
Well established Rita's Italian Ice Franchise in highest traffic area in town. Conveniently located in a large stand alone building on a major thoroughfare. This is one of the only existing Kosher Rita's locations that is available. 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 Jackson Twp (21512)
Zoning HC
Interior
Hot Water Electric
Heating Forced Air
Heat Source Natural Gas
Exterior
Garage Spaces 20.0
Water Access N
Accessibility None
Total Parking Spaces 20
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Others
Tax ID 12-07403-00003
Ownership Leasehold
Special Listing Condition Standard
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12 Terry Drive Suite 204, Newtown, Pennsylvania, 18940, United States