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238 Highway 34 3,200 SF 100% Leased Retail Building Old Bridge, NJ 08857 $2,200,000 ($687.50/SF)
Investment Highlights
- Unique business opportunity
- Includes Liquor License and FFE
- Strong location on RT 34
Executive Summary
Ideally located at 238 State Route 34 in Matawan, this fully approved and operational two-level gentlemen’s club offers exceptional visibility with over 30,000 cars passing daily. The sale includes the real estate, the active liquor license, the approved gentlemen’s club license, and all furniture, fixtures and equipment, making this a true turnkey opportunity. The club is fully furnished and equipped, allowing a new owner to step in and continue operations immediately. With an established reputation and a loyal, repeat customer base, this property presents a rare chance to acquire a profitable, income producing business with strong growth potential in a high traffic corridor.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,200 SF
Building Class
C
Year Built
1970
Price
$2,200,000
Price Per SF
$687.50
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.15
Lot Size
0.50 AC
Zoning
OG1
Property Taxes
| Parcel Number | 15-10252-25-00038 | Improvements Assessment | $164,100 |
| Land Assessment | $125,300 | Total Assessment | $289,400 |
Property Taxes
Parcel Number
15-10252-25-00038
Land Assessment
$125,300
Improvements Assessment
$164,100
Total Assessment
$289,400
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238 Highway 34
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