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    681 River Avenue

    Lakewood, NJ 08701
    • $750,000
    • STATUS: Active Under Contract
    • ON SITE: 70 days
    • MLS #: 22024680
    Under Contract
    UPDATED: 30 min ago
    $750,000
    • 0
      BEDS
    • 1.92
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1975
    County:

    School Ratings & Info

    Description

    Well established Rita's Italian Ice Franchise in highest traffic area in town. Conveniently located in a large strip mall on a major thoroughfare. This is one of the only existing Kosher Rita's locations. Many area kids, sports teams, and schools frequent the shop with long wait lines. Husband and wife team plan to retire once the business is sold but will stay on and help future owners for 6 months. Sale is for business and includes new condition equipment necessary which is valued in excess of 200K. Lease is existing for property with 2- 5 year extensions. Franchise fees paid for.

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    © 2020 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated 2020-09-30T14:19:47.423.
    www.movetonewjersey.com/homes/108070284
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    681 River Avenue Lakewood, NJ 08701

    • Price: $750,000
    • Status: Active Under Contract
    • Updated: 30 min ago
    • MLS #: 22024680
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.92
    Acres
    1975
    Built
    Neighborhood:
    Lakewood (LKW)
    County:
    Ocean
    Area:
    Lakewood (LKW)
    Property Description
    Well established Rita's Italian Ice Franchise in highest traffic area in town. Conveniently located in a large strip mall on a major thoroughfare. This is one of the only existing Kosher Rita's locations. Many area kids, sports teams, and schools frequent the shop with long wait lines. Husband and wife team plan to retire once the business is sold but will stay on and help future owners for 6 months. Sale is for business and includes new condition equipment necessary which is valued in excess of 200K. Lease is existing for property with 2- 5 year extensions. Franchise fees paid for.
    Exterior Features

    Garage No Lot Dimensions 279 X 300 Parking Driveway LightedOff StreetOpen LotPaved

    Interior Features

    Heat Fuel Natural Gas Water Heater Electric

    Property Features

    Assessment Land 960000.00 Assessment Status Assessed Assessment Total 4441100.00 Commercial Type Business Electric1 200 - 400 AMP Gas On Site Improvements Assessment 3481100.00 Lease No Sale Yes Sale Includes Business NameEquipment/FurnitureFranchiseGoodwillInventoryLicenseMachineryPhone SystemSignsTraining By Owner Sewer Public Sewer Tax Year 2019 Taxes 97082.00 Use Restaurant Water Public Water

    Listing information © 2020 Monmouth-Ocean MLS. Listing provided courtesy of Sharif Hatab of Berkshire Hathaway Homeservices Fox & Roach.


    © 2020 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated 2020-09-30T14:19:47.423.
     
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