Commercial Real Estate for Sale at 870 Broadway in Newark City, NJ for $605,000

Listing data updated November 13, 2024 - 10:47pm
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870 Broadway | Newark City

$605,000 | 5 Baths (5 Half) | 6,408 Sq. Ft.

The Latin Flavor Restaurant & Lounge - "Turnkey Restaurant Opportunity in Prime Location " Don't Miss Out!" Are you looking to own a thriving business in a high-traffic area? This restaurant/lounge offers a proven concept with strong community support, consistent revenue, and excellent growth potential. Whether you're a seasoned restaurateur or a budding entrepreneur, this is a chance to step into a fully equipped, operational restaurant without the hassle of starting from scratch. Situated in a bustling area with high foot traffic and visibility, save thousands on startup costs with a ready-to-go setup. Expand hours, introduce catering, or refine the menu to boost profits. Lower level with plenty of storage space and finished space. Seller is willing to assist during the transition for a smooth handover. Liquor license C Class - "Plenary Retail Consumption License Title 33" - alcoholic beverages can be sold On and Off premises, the license also allows the sale of packaged merchandise, novelty clothing, cigars, cigarettes, snacks, and nonalcoholic beverage. Equipments, inventory and goodwill included in the sale. GSMLS 3934275

Directions to property: From McCarter Highway to Verona Ave. From Washington Ave to Broadway

MLS Listing ID: 
GSMLS 3934275
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$605,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Primary Market Area: 
Newark City
Address: 
870 Broadway, Newark City, NJ 07104-4308, U.S.A.
County: 
Essex
Latitude: 
40.7792100
Longitude: 
-74.1560000
Directions: 
From McCarter Highway to Verona Ave. From Washington Ave to Broadway
Public Remarks: 
The Latin Flavor Restaurant & Lounge - "Turnkey Restaurant Opportunity in Prime Location " Don't Miss Out!" Are you looking to own a thriving business in a high-traffic area? This restaurant/lounge offers a proven concept with strong community support, consistent revenue, and excellent growth potential. Whether you're a seasoned restaurateur or a budding entrepreneur, this is a chance to step into a fully equipped, operational restaurant without the hassle of starting from scratch. Situated in a bustling area with high foot traffic and visibility, save thousands on startup costs with a ready-to-go setup. Expand hours, introduce catering, or refine the menu to boost profits. Lower level with plenty of storage space and finished space. Seller is willing to assist during the transition for a smooth handover. Liquor license C Class - "Plenary Retail Consumption License Title 33" - alcoholic beverages can be sold On and Off premises, the license also allows the sale of packaged merchandise, novelty clothing, cigars, cigarettes, snacks, and nonalcoholic beverage. Equipments, inventory and goodwill included in the sale.
Building Details
Details about the building on a property.
Living Area: 
6,408
Basement: 
Finished, Full
Construction
Energy Information: 
Gas In Street
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
5
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
5
Utilities
Information about utilities available on the property.
Heating System: 
3 Units, Forced Hot Air
Heating System Fuel: 
Gas-Natural
Cooling System: 
3 Units
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot Features
Driveway: 
None, On-Street Parking
Parking Type: 
None, On-Street Parking
Garage: 
None, On-Street Parking
Public Record
Parcel Number: 
1614-00819-0000-00020-0000-
Contract Details
Details about the listing contract.
Possession: 
0-30 Days
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
REALTY XPRESS GROUP LLC

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