58 S Main St
Manville, NJ 08835
Retail Property For Sale

ATTENTION: Investors! Looking for a 1031 exchange property, or Investment Property? If so, look no further. This property is a fully performing, fully tenanted, investment property. 58 South Main Street is a Mixed-Use property with 3 residential units over a 3,086 SF Retail Space... a Restaurant/Bar with seating for 100 people on the 1st floor, & with seating for 40 people in the finished basement bar (1,200 finished SF basement with full bar), & with an outdoor paver-stone patio seating area for 40 people. Up above, on the 2nd floor, there 3 residential rental units... one unit is a studio/efficiency apartment, the 2nd unit is a 2-bedroom apartment, & the 3rd unit is a 3-bedroom apartment. Off-Street parking is afforded and includes 22 parking stalls. A major renovation (brand new kitchen addition, new flooring, walls, plumbing, electric, heating/air-conditioning, bar, 2 bathrooms, finished basement with an extra bar and 2 more bathrooms; Paver patio around back for outdoor dining), costing in excess of $800,000, was made in the 2016 time-frame. The property produces $99,600 in gross income. The Bar/Restaurant possesses a sprinkler system. The property is NOT in a Flood Zone, & does NOT require flood insurance. Excellent Investment Property. Must See!