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300 Main Street

Madison Boro, NJ 07940
  • $275,000
  • STATUS: Active
  • ON SITE: 115 Days
  • MLS #: 3788336
UPDATED: 63 min ago
$275,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,100
    SQFT
  • $131
    $/SQFT
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

Madison borough's Major Business District with corner strip mall on Main Street. Operating Indian Restaurant for last 26 plus years. The restaurant sold with furniture, fixture, and equipment. Equipment includes two walk-in refrigerators and a freezer. Fully equipped professional active kitchen. Dining hall recently renovated. Basement for storage and walk in coolers. Situated in Main St mall with shared parking and located less than 1 mile from all highways. Long-term lease in place with lowest rent per square foot in the area.

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Garden State MLS logo © 2022 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 The Debbie Woerner Team Coldwell Banker. 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 The Debbie Woerner Team Coldwell Banker 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 2022-10-04T17:47:39.06.
www.debbiewoerner.com/homes/129717255
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300 Main Street Madison Boro, NJ 07940

  • Price: $275,000
  • Status: Active
  • On Site: 115 Days
  • Updated: 63 min ago
  • MLS #: 3788336
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,100
SQFT
$131
$/SQFT
County:
Morris
Area:
Madison Boro
Property Description
Madison borough's Major Business District with corner strip mall on Main Street. Operating Indian Restaurant for last 26 plus years. The restaurant sold with furniture, fixture, and equipment. Equipment includes two walk-in refrigerators and a freezer. Fully equipped professional active kitchen. Dining hall recently renovated. Basement for storage and walk in coolers. Situated in Main St mall with shared parking and located less than 1 mile from all highways. Long-term lease in place with lowest rent per square foot in the area.
Exterior Features

Garage Description On Site Location Commercial AreaResidential AreaStrip Mall Store Parking Driveway Description Parking Lot-Shared Road Type City/Town StreetCornerCounty StreetIn Shopping MallMain Thorofare

Interior Features

Available Sq Ft 2000 Basement Yes Basement Description Finished Cooling 1 UnitCentral Air Fuel Type Gas-Natural Number Of Lavatories 2

Property Features

Business Classification Retail Business Established 1996 Business Name Begum Palace Documents Available Leases Existing Lease 5 Or More Years Gross Operating Income 250000 Heating 1 UnitForced Hot Air Income Expense Source Owner Lease Amount Month 5865 Net Operating Income 215000 Ownership Type Partnership Price Includes Business Name Primary Business Classification Retail Real Estate For Sale No Re Available Services Cable Tv Sewer Public Sewer Total Operating Expense 35000 Utilities Gas-Natural Utility Amount 2200 Water Public Water

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Living New Jersey Realty: [IDXCONTACTINFORMATION].


Garden State MLS logo © 2022 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 The Debbie Woerner Team Coldwell Banker. 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 The Debbie Woerner Team Coldwell Banker 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 2022-10-04T17:47:39.06.
 
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Chatham NJ, 07928