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194 Ferry St

Newark City, NJ 07105
  • $400,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 3750055
UPDATED: 42 min ago
$400,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,500
    SQFT
  • $73
    $/SQFT
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

Great opportunity to own this well established Store Front business that has been successful for almost 20 years. Price includes all fixtures, almost $1 million dollars of merchandise ( tuxedos, suits, women shoes, men shoes, accessories and more ). United Airlines account with $20k to $40,000 annually, sprawling 5,500 sq ft of working space on both floors. Two more years remaining on the lease with an option to renew another 5 - 10 more years

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© 2021 Garden State Multiple Listing Service, LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Kaufmann Realtors | Realty Executives. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Kaufmann Realtors | Realty Executives are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-11-30T23:46:18.753.
www.tonislist.com/homes/123001507
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194 Ferry St Newark City, NJ 07105

  • Price: $400,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 42 min ago
  • MLS #: 3750055
0
Beds
0
Baths
0
½ Baths
N/A
Acres
5,500
SQFT
$73
$/SQFT
County:
Essex
Area:
Newark City
Property Description
Great opportunity to own this well established Store Front business that has been successful for almost 20 years. Price includes all fixtures, almost $1 million dollars of merchandise ( tuxedos, suits, women shoes, men shoes, accessories and more ). United Airlines account with $20k to $40,000 annually, sprawling 5,500 sq ft of working space on both floors. Two more years remaining on the lease with an option to renew another 5 - 10 more years
Exterior Features

Garage Description On-Street Parking Location Business DistrictResidential Area Parking Driveway Description On-Street Parking Road Type County Street

Interior Features

Available Sq Ft 5500 Basement Yes Basement Description FinishedFull Cooling 1 UnitCentral Air Fuel Type Gas-Natural Number Of Lavatories 2

Property Features

Business Classification Retail Business Name Santos Tuxedo's Documents Available Tax Returns Existing Lease Seller Does Not Own Building Gross Operating Income 350000 Heating 1 UnitForced Hot Air Lease Amount Month 5600 Net Operating Income 260000 Ownership Type Sole Proprietorship Price Includes InventoryLeaseSee RemarksSignsTrade Fixtures/Equipment Primary Business Classification Retail Sewer Public Sewer Total Operating Expense 260000 Utilities ElectricGas In Street Utility Amount 180 Water Public Water

Listing information © 2021 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Weichert Realtors.


© 2021 Garden State Multiple Listing Service, LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Kaufmann Realtors | Realty Executives. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Kaufmann Realtors | Realty Executives are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-11-30T23:46:18.753.
 
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