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13 Bridge St 3,554 SF 100% Leased Retail Building Stockton, NJ 08559 $1,308,353 CAD ($368.14 CAD/SF) 7.74% Cap Rate



INVESTMENT HIGHLIGHTS
- Fully occupied mixed-use property with restaurant and apartments.
- Iconic restaurant with indoor seating for 60 and outdoor patio.
- Two spacious two-bedroom apartments with full occupancy history.
- Iconic restaurant with indoor seating for 60 and outdoor patio.
- BYOB with convenient access to nearby liquor store.
- Prime location in affluent Hunterdon County with strong highway exposure.
EXECUTIVE SUMMARY
Welcome to the iconic Restaurant and Apartments, fully occupied thriving establishment nestled in the heart of Stockton Boro, New Jersey. With a rich history of successful Restaurant Businesses for many years and Two fully rented residential units, this property offers not just a culinary haven, but also a great source of diversified income. The restaurant itself is focal to the local dining scene featuring romantic dining vignettes, a fabulous Pizza Oven from Italy and includes permitted indoor seating for 60 patrons. Adding to the appeal, the establishment offers outdoor seating in the front. The prime location provides excellent highway exposure that ensures a steady flow of patrons. A BYOB, with proximity to the liquor store is quite convenient .The Two spacious bedroom Apartments have full occupancy history. Calling all investors seeking a property with multiple, diversified income streams, the mixed use Restaurant and Apartments in Stockton Boro presents an enticing opportunity. Don't miss the chance to be part of the continued success and charm that this establishment brings to the local community located in the affluent Hunterdon County of New Jersey.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,554 SF
Building Class
B
Year Built
1856
Price
$1,308,353 CAD
Price Per SF
$368.14 CAD
Cap Rate
7.74%
NOI
$101,332 CAD
Business Value
$242,288 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.51
Lot Size
0.16 AC
Zoning
CR - CR, "Commercial Recreation", this zoning designation is intended to accommodate recreational activities and facilities that serve the public.
PROPERTY TAXES
| Parcel Number | 23-00012-0000-00012 | Improvements Assessment | $362,521 CAD |
| Land Assessment | $563,796 CAD | Total Assessment | $926,317 CAD |
PROPERTY TAXES
Parcel Number
23-00012-0000-00012
Land Assessment
$563,796 CAD
Improvements Assessment
$362,521 CAD
Total Assessment
$926,317 CAD
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13 Bridge St
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