111111 Cnty Rd Route, Manchester, NJ 08759
Ocean County
Key Facts
Description
Pharmacy has been in business for the last 25+ years and is located in a trading area with numerous 55+ communities & assisted living facilities. Pharmacy is currently operating under absentee ownership and there is limited competition in the immediate area. Store is conveniently located at a prime high visibility T- intersection with direct traffic from the 55+ community enhancing visibility and demand. Building is 2664 sq ft on a 1.42 acre lot with ample parking and drive thru convenience. There are many prescribers and healthcare resources in the area and is close to restaurants and other businesses. 2025 sales are > $1.5 MM with overall gross margin of >25%.Pharmacy has strong generic dispensing rates. Pharmacy hours are M-F 9am-6pm and Sa 9.30am-2pm, closed on Major holidays.with only 49.5 hours of payroll.Payroll includes 1 F/T Pharmacist, 1 F/T Pharmacy Technician and 1 P/T Driver. This is a great opportunity for an experienced pharmacist or multi-store owner to purchase a long-established, profitable pharmacy currently under absentee ownership but with strong upside potential under more dynamic ownership and basic marketing efforts.
Property Information
Property Type
Business Opportunity
Sub-Type
Retail
Living Area
2,664 sq ft
Lot Dimensions
1.00 x 1.00
Parking Spaces
16
Zoning
WTOP
MLS® Listing#
2609406R
Property Features
Cooling
Heating
Parking
Security
Utilities
Sewer
Water Source
Financial Details
Parcel Number
1900097000000012
Directions
see remarks
Affordability Calculator
$210,000
Estimated monthly payment
$5,589/mo
Principal $840,000 · Est. interest $1,171,875 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Manchester, NJ
- $280,263
- Median Listing Price
- 44
- Median Days on Market
- 1,394
- Median Sq Ft
- $221
- Median Price / Sq Ft
- 219
- Active Listings
- This home’s price is 275% above the area median.
- Its price per sq ft is 78% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Manchester, NJ.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1820 PERTH AMBOY AVENUE, MANCHESTER TOWNSHIP, NJ | $735,000 | 3 | 2 | 2,341 |
| 3214 Route 547, Manchester, NJ | $770,000 | 5 | 3 | 2,432 |
| 164 Weldon Road, Manchester, NJ | $779,900 | 4 | 3 | 2,144 |
| 149 Jodie Road, Manchester, NJ | $800,000 | 5 | 3 | 2,226 |
| 2433 Huckleberry Road, Manchester, NJ | $824,900 | 4 | 3 | 2,218 |
| 105 Conrad Court, Manchester, NJ | $850,000 | 4 | 3 | 2,188 |
Moving Cost Estimate
Listing Courtesy: BEST REALTY - 7328198895