Views
Address
69 Route 156 Hamilton, NJ
Price
$ 899,000
Property Attributes
  • MLS#NJME304136
  • TypeCommercial
  • CountyMERCER
  • CityHamilton
  • AreaHamilton Twp
  • Zip08620
  • StyleRestaurant/Bar
  • Year Built1920
  • Taxes$ 28751
  • Price$ 899,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage64022
  • Lot Size1.47 Acres
Listing Provided Courtesy Of:
Smires & Associates
Data Source:
Bright MLS
Property Description

This Commercial Zoned property sits on a 1.46 acre lot (269x238) in the desirable Yardville section of Hamilton Township. It is right off Route 130 South and close to Interstates, 195, 295 and the NJ Turnpike. The property was the former home of The Grove Restaurant and Liquor Store. Restaurant is currently being leased. The main building is an approximately 2,700 sq. ft. freestanding building that is currently being utilized solely as a restaurant by a tenant. There is a fully equipped commercial kitchen which can be used as a higher-end restaurant. There is also a large walk in refrigerator. The entire building has undergone recent updates to the in the past few years. There is a newer HVAC, recent electrical and lighting upgrades. The restaurant has an upscale ambiance and has been completely renovated and provides seating for up to 88 people in the main dining room and additional seating in the second dining area. Parking for 70 cars is available on the property. The second freestanding building is an approximately 2,000 square ft., 2-family home, located on the southern part of the lot. The first residential unit is a 2 bed/1 bath unit that was recently updated. It is currently tenant occupied. The second residential unit is a 3 bed and 1 1/2 bath two story unit that is 70% renovated at this time. There is a private driveway for the tenants. There is also a large storage shed on the property that has electricity that can be rented for additional income. Plenty of parking on site for any type of business. There are multiple potential streams of income on this property. Call with any questions or to schedule a showing.

Price History
11/10/2020 Listed $975,000
3/31/2021 6% - $925,000
5/3/2021 3% - $899,000

General Features

Acceptable Financing Cash, Conventional
Accessibility Ramp - Main Level
Business Type Restaurant/Bar, Other
Construction Materials Block
Cool Fuel Electric
Cooling Central A/C
County MERCER
Days on Market 221
Electric 200+ Amp Service
Heating Other
Historic Y/N No
MLS Area Hamilton Twp (21103)
Municipality HAMILTON TWP
New Construction No
Ownership Fee Simple
Parking Features Handicap Parking, Paved Parking
Possession Negotiable
Price Per Sq Ft 474.16
Property SubType Retail
Property Type Commercial Sale
Property Use Investment
PropertyCondition Very Good
Roof Shingle, Pitched
Sewer Public Septic
Tax Annual Amount 28751.0
Tax Lot 00007
Tax Year 2020
Total Units 2
Vacation Rental Y/N No
View Street
Water Access Y/N No
Zoning COMMERCIAL
Zoning Description Commercial, Retail, Restaurant

Interior Features

Central Air Y/N Yes
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Other

Exterior Features

Building Area Total 1896.00
Car Parking Spaces 50
Fencing Y/n No
Inclusions Restaurant Equipment
Lot Dimensions 269.00 x 238.00
Lot Features Road Frontage
Lot Size Acres 1.47
Lot Size Source Assessor
Lot Size Square Feet 64022.00
Navigable Water Y/N No
Road Surface Type Paved
Total Parking Spaces 50
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 08620

Price
AVG $320K
$900K
Taxes
AVG $14,004
$28,751
Visits
AVG 78
31
Year Built
AVG 1933
1920

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