$535,000
$565,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
2.07 Acres Lot
SOLD DATE : 11/29/2016
Key Details
Sold Price $535,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1003138326
Sold Date 11/29/16
HOA Y/N N
Originating Board TREND
Year Built 2005
Annual Tax Amount $32,823
Tax Year 2016
Lot Size 2.066 Acres
Acres 2.07
Lot Dimensions 300X300
Property Description
Former Michael's Restaurant and Diner consists of one and partial two-story restaurant building situated on 2.07 +/- acres with 300 feet of road frontage on Broadway(Route 49). The 7379 +/- sf building has 6064 sf on the first floor and 775 sf on the second floor. The layout of the first floor consists of a reception lobby, a 56-seat dining room, a 70-seat center dining room,, and a solarium dining room seating 36, for a total seating capacity of 162. The first floor also contains a six-fixture ladies room and a six-fixture mens room. The second floor contains an office. Heating is provided by a gas-fired, forced-air system and the air conditioning is provided by four cooling units. Electric is 1200 AMP, 120/208 volt, 3-phase and the hot water is heated by gas as well. The site has paved parking for 36 vehicles, 7 overhead light standards and is close proximity to I-295, NJ Turnpike and the Delaware Memorial Bridge.
Location
State NJ
County Salem
Area Pennsville Twp (21709)
Zoning 04
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas
Flooring Tile/Brick, Carpet
Fireplace N
Heat Source Natural Gas
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone
Waterfront N
Water Access N
Roof Type Pitched
Street Surface US Highway/Interstate
Accessibility None
Road Frontage State
Garage N
Building
Building Description Other,Block Walls, Fire Alarm,Kitchen,Security System
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Other,Block Walls
New Construction N
Schools
School District Pennsville Township Public Schools
Others
Tax ID 09-04701-00022
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition REO (Real Estate Owned)
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Bought with Richard G Warner • Warner Real Estate & Auction Company
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "