3010 Route 35
Hazlet, NJ, 07730 $ 149,000
Baths0.0 Sq 1,200 Monthly Estimate*
$ 990
Studio
for $149,000. This 1,200 square foot building was built in 1974.
An unmissable opportunity: Successful Thai restaurant awaits you in the heart of Hazlet Plaza, where a prime restaurant location beckons in the newly renovated space. Surrounded by popular eateries and restaurants, this bustling hub offers a unique chance for ownership, leasing, or a lease-to-buy arrangement. Be the exclusive Thai restaurant in the area or infuse the spot with your own food service vision, guaranteed to attract steady foot traffic. This turn-key operation, meticulously built out in 2021, welcomes a seamless transition for the new owner. Boasting new kitchen appliances, new floors, HVAC, bathrooms, and gas lines with 1M BTU capacity, it promises a hassle-free takeover. With a fixed lease rate of $3,390/month. Then 10% increase to $3729 until contract ends 2031, financial predictability is assured. AVAILABLE FOR LEASE. The lease terms, available at $5,500 per month + CAM and utilities. The fully stocked kitchen, dining area for 24 guests, and an extensive back-of-house make it an ideal space for takeout, delivery services, or a ghost kitchen concept. Equipped with state-of-the-art features such as dual hoods, ample refrigeration, and freezer space, the restaurant is fully renovated including the latest CLOVER POS system. The existing maintenance, POS, and waste management contracts are in place for a hassle-free management experience. The strategic location in Hazlet Plaza, alongside Wawa, TGI Fridays, and other established eateries, ensures your restaurant becomes part of a vibrant community with constant foot traffic. Whether you aim to continue a tradition of great taste or introduce a fresh culinary concept, this space, with its fresh build-out and comprehensive renovations, is your canvas. Start at the top with this well-established venue in Hazlet Plaza, and bring your culinary dreams to life in a setting that promises success.
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FeaturesInteriorHeating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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GeneralSewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Negotiable Immediate
Zoning BH
Security Features Monitored Sprinkler System - Indoor Surveillance Sys Smoke Detector
Construction Materials Brick Brick Front Tile
Year Built 1974
Property SubType Other
Tax Year 2022
Percent Ownership Other
Cool Fuel Electric
Municipality HAZLET TWP
Business Type Restaurant/Bar
Accessibility Level Entry - Main No Stairs
County MONMOUTH
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions State Route 35 South to Hazlet Town Center.
City HAZLET
Buyer Agent Compensation 2.5
NumberOfUnitsTotal 0
MLS Area Hazlet Twp (21318)
Waterfront Y/N N
Street Name ROUTE 35
Tax Annual Amount 588047.0
Price Per Sq Ft Total AG 124.17
Vacation Rental Y/N N
Days on Market 212
Location Type Highway
Standard Status Active
Year Built Source Assessor
Tax Lot 00001
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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ExteriorParking Features Lighted Parking Paved Parking Public
Water Source Public
Inclusions Sale of Business only. Business started 2018. furnishings equipment stock inventory intellectual property business name web sites etc
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 1200.00
Lot Dimensions 0.00 x 0.00
Other Equipment See Remarks
Land Assessed Value 11547400.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList Bydblahut@vandykgroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $990
- Monthly Property Taxes
- $49,004
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Hazlet, NJ
Average List Price $325,400
Percent of Sale Price 118%
About Hazlet, NJ 19,887 Population
-7% Since 2002
$ 88,788 Median Income
44.48 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
3/20/2024 | $149,000 | -21.16% | Price Down |
3/6/2024 | $189,000 | -24.10% | Price Down |
2/24/2024 | $249,000 | -28.65% | Price Down |
1/6/2024 | $349,000 | -22.27% | Price Down |
12/2/2023 | $449,000 | -10.02% | Price Down |
11/10/2023 | $499,000 | -16.69% | Price Down |
11/3/2023 | $599,000 | | Listed Price |