Become part of the Bayonne Boom! This free-standing retail building for sale sits on a 75x100 lot located on Broadway in the heart of Bayonne. Located in a high-density residential area with heavy foot traffic, 3 blocks to the light rail station, the profitable supermarket business with inventory can also be purchased for an additional $300,000 or the new buyer can assume the supermarket as a tenant for the remaining of the lease. Supermarket tenant pays total of $14,500 per month towards rent and taxes. This is currently a 4.65% Cap Rate purchase. There are many successful luxury rental projects already built and much more ongoing and coming. Become part of a profitable venture by securing this great piece of real estate. Either way you decide to go, its a win-win. Call today.
