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1090 Route 22
Lebanon, NJ 08833
Retail Property For Sale
Investment Highlights
- High Traffic Area- Major Highway Exposure
- Upgraded Utilities
Executive Summary
Opportunity awaits at the former Round Valley Inn, ideally located at 1090 US-22 in Lebanon, NJ. This unique mixed-use commercial property offers exceptional potential for an owner-operator, investor, or hospitality entrepreneur, featuring a bar/restaurant setup, included liquor license, two cottages, and five rental rooms above the bar—providing multiple income streams in one property. With prominent highway exposure and a well-known location, this is a rare chance to revitalize a landmark site for dining, nightlife, lodging, or a creative redevelopment concept (subject to township approvals). Bring your vision and unlock the possibilities at this distinctive Hunterdon County property.
Marketing by Clay Mason (Partner, LivX Realty). Acting as an owner’s representative for marketing purposes. All transactions subject to owner approval and execution of definitive agreements. Liquor license available and transferable subject to municipal and NJ ABC approval; license terms negotiated separately and are not guaranteed.
Marketing by Clay Mason (Partner, LivX Realty). Acting as an owner’s representative for marketing purposes. All transactions subject to owner approval and execution of definitive agreements. Liquor license available and transferable subject to municipal and NJ ABC approval; license terms negotiated separately and are not guaranteed.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,000 SF
Building Class
C
Year Built/Renovated
1940/1998
Price
$1,300,000
Price Per SF
$325
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.02
Lot Size
3.92 AC
Zoning
Business district & CROM - COMMERCIAL BUSINESS DISTRICT
Parking
30 Spaces (7.5 Spaces per 1,000 SF Leased)
Frontage
400’ on Route 22
Amenities
- Restaurant
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 06-00004-03-00033 | Improvements Assessment | $134,100 |
| Land Assessment | $313,600 | Total Assessment | $447,700 |
Property Taxes
Parcel Number
06-00004-03-00033
Land Assessment
$313,600
Improvements Assessment
$134,100
Total Assessment
$447,700
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