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12 S Main St - Unit #A & B 3,800 SF Specialty Building Offered at $1,489,500 at a 3.88% Cap Rate in Pennington, NJ 08534
EXECUTIVE SUMMARY
A prime investment in the heart of Pennington Borough, this turn-key restaurant offers a flexible space suitable for a variety of cuisines. Currently serving as a popular sushi restaurant, it offers seating for up to 40 guests with a reception area, four booths, and a six-seat counter/sushi bar. The spacious kitchen includes a walk-in refrigerator, freezer, grease trap, and multiple cooking zones. Ample storage supports efficient operations. A shared courtyard flows through to the street, and there is off-street parking for multiple cars. A second unit, fully leased as a music studio, provides steady monthly income.
PROPERTY FACTS
| Price | $1,489,500 | Lot Size | 0.92 AC |
| Price Per SF | $391.97 | Building Size | 3,800 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 3.88% | Year Built | 2003 |
| Property Type | Specialty | ||
| Zoning | O-R - Commercial | ||
| Price | $1,489,500 |
| Price Per SF | $391.97 |
| Sale Type | Investment or Owner User |
| Cap Rate | 3.88% |
| Property Type | Specialty |
| Lot Size | 0.92 AC |
| Building Size | 3,800 SF |
| No. Stories | 1 |
| Year Built | 2003 |
| Zoning | O-R - Commercial |
AMENITIES
- Air Conditioning
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $427,900 | |
| Land Assessment | $236,400 | Total Assessment | $664,300 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$236,400
Improvements Assessment
$427,900
Total Assessment
$664,300
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12 S Main St - Unit #A & B
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