Last Updated: 1/24/2017 3:31 PM
Description for 72 N Virginia Avenue Penns Grove, NJ 08069
Here is a wonderful 8,735+/- square foot Highway Commercial property, situated on a Major thoroughfare (aka Route 130), in Penns Grove, NJ. It has been operating as a Banquet Hall/ Catering Facility for many years hosting and providing the full professional catering for Weddings, Anniversaries, Birthday Parties, Baptisms, Specialty and Club functions, as well as many other social events. This property is equipped with a full scale professional/commercial kitchen, Bar, Seating for 200 +, Dance floor, 3 (three) public restrooms, a large outside patio for outdoor eating, entertaining, and plenty of parking about 110 spaces!! This would make a great Restaurant, Catering/banquet hall, Club, dance club, institutional use! Perhaps a micro-brewery! Or Distillery! Great location! Close to all major highways! There are plenty of possibilities. Zoned HC/I Potential buyers can check with the Township Zoning dept. A list of possible uses will be provided as an attachment soon.
Gas Water Heater, Public Water Service
Public Sewer, Sewer Available
Electric service available, Telephone
Tile, Vinyl, Wood
Exterior / Lot Features
Lot, Paved Driveway, Private, Off Street
Downtown, Corner, Highway Access, State Road, Level
Current market conditions for 72 N Virginia Avenue
Active Market Trends
Median list price$57,000
Days on market133
Properties for sale37
Sold Market Trends
Median sold price$40,000
Sales to list price9,210.0%
Median sq ft price$28
Arrows indicate 90 day trend
Listing Price History for 72 N Virginia Avenue
Penns Grove Real Estate
Penns Grove is located in New Jersey. Penns Grove, New Jersey 08069 has a population of 5,116.
The median household income in Penns Grove, New Jersey 08069 is $27,615. The median household income for the surrounding county is $59,336 compared to the national median of $53,046. The median age of people living in Penns Grove 08069 is 31.2 years.
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