197-199 Madison Avenue, Perth Amboy, NJ

$750,000

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½

Baths

2,700

Square feet

0.08

Acres

About 197-199 Madison Avenue

Here is your opportunity to own a prime commercial building featuring a successful grocery store and a well-established laundromat in Perth Amboy. Located in a bustling neighborhood with high foot traffic and excellent visibility, this property is perfect for investors or owner-operators looking to expand their portfolio. This maintained property offers the ideal blend of convenience, comfort, and profitability. The grocery store side is fully stocked and operating grocery store with a loyal customer base. Spacious layout with modern shelving, refrigeration units, and a deli counter. Ample parking available for customers. Potential for additional revenue streams through local produce, specialty items, or online delivery services. All grocery store equipment is included in sale. The Laundromat side fully equipped laundromat with 15 washers and 19 dryers, including high-efficiency models. clean, well-maintained facilities with folding stations and vending machines. Strong demand in the area, providing consistent cash flow. Opportunity to increase revenue by offering wash-and-fold services or expanding hours of operation. Location highlights situated in a densely populated residential area with limited competition. Close proximity to schools, parks, and public transportation.Convenient access to major highways and thoroughfares. This property offers multiple streams of income, making it a fantastic investment opportunity. Both the grocery store and laundromat have demonstrated consistent performance for over 40 years, and the combined revenue potential is significant. Don't miss out on this unique opportunity to invest in a thriving business! With its desirable location and its two different businesses in the same building maximizing your return on investment. Seize the opportunity to secure a lucrative investment that promises financial stability and long-term growth. Schedule a viewing today before it's too late! AS IS! The seller is motivated.

Features of 197-199 Madison Avenue

MLS® # 2501404R
Price $750,000
Bathrooms 0.50
Half Baths 1
Square Footage 2,700
Acres 0.08
Year Built 1917
Type Commercial Sale
Sub-Type Commercial
Status Active

Community Information

Address 197-199 Madison Avenue
City Perth Amboy
County Middlesex
State NJ
Zip Code 08861

Amenities

Utilities Natural Gas Connected
Parking Driveway, Gravel
Is Waterfront Yes
Has Pool No

Interior

Interior Features Appliances, Machinery, Office Equipment, Refrigeration, Furniture, Storage, See Remarks, Wall Covering
Appliances Appliances, Refrigeration, Exhaust System
Heating Electric
Cooling Central Air
Fireplace No
# of Stories 1
Has Basement No

Exterior

Lot Description Near Train, Corner Lot, Residential Area, Waterfront
Roof Flat

Additional Information

Days on Market 1
Zoning x

Listing Details

OfficeUNITED R.E. OF NORTH JERSEY

Listing Map

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