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517 Route 10

Randolph Twp., NJ 07869
  • $299,000
  • STATUS: Active
  • ON SITE: 98 Days
  • MLS #: 3792678
Price Reduced
$299,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,300
    SQFT
  • $130
    $/SQFT
Type:
Business Opportunity
County:

School Ratings & Info

Description

Sale includes 2 businesses for a total price of $499,000. See MLS 5162460 for other location. One location is a drop-off location of approximately 700SF in a shopping center in the Ironia section of Randolph. This location is a retail location with onsite cleaning in a shopping center on Route 10 in Randolph that is approximately 2300SF. Both locations have fitting rooms with tailor services and private bathrooms. The sale includes all equipment and the delivery truck. They both have a laundry drop as well as dry cleaning. Ironia location has 2 years left on the current lease with two five (5) year options. The Randolph location has two years left on the lease with one ten (10) year option. Drop-off location has annual gross earnings of $120,000. Retail and plant location has annual gross earnings of $320,000. No environmental issues. Financials provided upon request and executed NDA.

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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 2022-10-05T23:47:03.44.
www.debbiewoerner.com/homes/130393269
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517 Route 10 Randolph Twp., NJ 07869

  • Price: $299,000
  • Status: Active
  • On Site: 98 Days
  • MLS #: 3792678
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,300
SQFT
$130
$/SQFT
County:
Morris
Area:
Randolph Twp.
Property Description
Sale includes 2 businesses for a total price of $499,000. See MLS 5162460 for other location. One location is a drop-off location of approximately 700SF in a shopping center in the Ironia section of Randolph. This location is a retail location with onsite cleaning in a shopping center on Route 10 in Randolph that is approximately 2300SF. Both locations have fitting rooms with tailor services and private bathrooms. The sale includes all equipment and the delivery truck. They both have a laundry drop as well as dry cleaning. Ironia location has 2 years left on the current lease with two five (5) year options. The Randolph location has two years left on the lease with one ten (10) year option. Drop-off location has annual gross earnings of $120,000. Retail and plant location has annual gross earnings of $320,000. No environmental issues. Financials provided upon request and executed NDA.
Exterior Features

Garage Description None Location Shopping CenterStrip Mall Store Parking Driveway Description Parking Lot-Shared Road Type In Shopping Mall

Interior Features

Available Sq Ft 2300 Basement No Cooling Central Air Fuel Type Gas-Natural Number Of Lavatories 1

Property Features

Business Classification Professional ServiceRetail Business Name Express Kleaners Documents Available Financial StatementsLeasesTax Returns Existing Lease 2-3 YearsRenewal Option Gross Operating Income 325000 Heating Forced Hot Air Income Expense Source Owner Lease Amount Month 5953 Net Operating Income 160000 Ownership Type Partnership Price Includes Business NameInventoryLeaseMachinery Primary Business Classification Professional Service Real Estate For Sale No Re Available Sewer Public Sewer Total Operating Expense 165000 Utilities All Underground Utility Amount 1 Water Public Water

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : [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 2022-10-05T23:47:03.44.
 
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The Debbie Woerner Team Coldwell Banker
135 Main Street
Chatham NJ, 07928