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46 Marion St 3,000 SF Vacant Retail Building Port Reading, NJ 07064 $714,000 ($238/SF)
EXECUTIVE SUMMARY
Calling Investors or Owner Operators!!! Extremely UNIQUE commercial property offered for sale for the first time! *This property consistsof a fully equipped Bar & Pizzeria w/ large Dining Room, and Commercial Kitchen. All equipment, furnishings, & fixtures are included in the sale. Retail Consumption LIQUOR LICENSE Type 33, is also available separately from the real estate sale. The Bar / Restaurant area is 2,790 sq. ft., 104 seating capacity. 46 Marion Street, has been home to Center Bar & Pizzeria since 1940. Family owned / operated since day one and proudly serving the community for over 84 years!!! This neighborhood landmark property, with a proven track record of success, is now ready for its new owners. Tap into the previous concept or bring your vision and create your dream establishment. *The second floor features (2) Three Bedroom Apartments. Unit # 1 - three bedrooms, 1.5 baths, Kitchen, & large Living Room (1674 sq. ft.).Unit # 2 - three bedrooms, 1 bath, Kitchen, & Living Room ( 1116 sq. ft.). Total of 2,790 sq. ft. Incredible income opportunity with these spacious apartments *Full basement houses the mechanical systems, utilities, abundant storage, walk-in refrigerator box, soda systems, & the potential for additional seating or a private party room with two existing additional restrooms. Call me for your private showing!
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,000 SF
Building Class
C
Year Built
1940
Price
$714,000
Price Per SF
$238
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.63
Lot Size
0.11 AC
Zoning
R-6 - High density residential
Frontage
PROPERTY TAXES
| Parcel Number | 25-01079-18-00010-02 | Improvements Assessment | $120,600 |
| Land Assessment | $17,800 | Total Assessment | $138,400 |
PROPERTY TAXES
Parcel Number
25-01079-18-00010-02
Land Assessment
$17,800
Improvements Assessment
$120,600
Total Assessment
$138,400
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46 Marion St
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