46 Main St - Restaurant FOR SALE


New Egypt, NJ 08533
$850,000 USD
609-586-1000
46 Main St, New Egypt, NJ for Sale
$850,000 USD
Restaurant - FOR SALE
1/4
null | Request Cap Rate

46 Main St
New Egypt, NJ 08533


HIGHLIGHTS

  • 46 Main Street is a 1,280-restaurant building home to Tootie’s Home Cooking, a diner-style restaurant and local favorite since 1980.
  • In a beautiful location overlooking Crosswicks Creek at the corner intersection of Lakeview Drive and Main Street for prime visibility.
  • Tootie’s Home Cooking business value is included in the sale, with the upside potential of extending business hours.
  • There is a local Hispanic grocer and steakhouse restaurant surrounding Tootie’s Diner and a public bus stop.

OVERVIEW

Welcome to the business value-included investment opportunity of Tootie’s Diner at 46 Main Street in New Egypt, NJ. Tootie’s Diner is a mainstay longtime luncheonette that has been operating since 1980. In 1986, a take-out ice cream operation was added to the business and property with a pick-up window. This beloved local restaurant promises substantial value with its historical footprint and is open to longer business hours to increase revenue. Inquire today to learn more about this real estate and business value-add sale. Contact the listing broker directly to schedule a visit; please do not approach any employees on-site.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$664 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Tootie's Home Cooking Inc.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,445 SF

ZONING

C-4

APN/PARCEL ID

24-00038-0000-00005

ASK ABOUT THIS PROPERTY

Steven MaruskyKW Commercial / Richardson Commercial GroupMore Info
609-586-1000

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Steven MaruskyKW Commercial / Richardson Commercial GroupMore Info
609-586-1000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.