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130 Main St
Newark, NJ 07105
130 Main Street · Retail Property For Sale
Investment Highlights
- IMMEDIATE READY TO OPERATE
- SOME SELLER FINANCING
- WELL EQUIPED
Executive Summary
Turnkey Hospitality Asset — Bar/Restaurant with Two Residential Units — Ironbound, Newark RARE OPPURTUNITYInvestment-grade mixed-use property offering an established bar/restaurant on the ground floor plus two separate apartments above. Sale includes business entity, all required city licenses/permits, and comprehensive equipment package (commercial kitchen, hood, walk-ins, refrigeration, full bar set-up, tables, chairs, POS). Ideal for owner-operator or investor seeking immediate cash flow.Key features:• Ground-floor restaurant/bar with full commercial kitchen and bar service area• Two 2-bed/1-bath apartments (or specify configuration) with private entrances and separate utilities • All business licenses & permits transferred with sale (ABC, health, occupancy)• Turnkey: equipment, FF&E, i 3 seperate BAR areas with 2 stage areas with lighting,sound systems and JUMBO TV SCREENS. Capacity for 210 patrons• Prime Ironbound location — close to transit and parkingAsking Price: $2,400.000. A MUST SEE
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built
1992
Price
$2,400,000
Price Per SF
$480
Cap Rate
6%
NOI
$144,000
Business Value
$700,000
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.28
Lot Size
0.09 AC
Opportunity Zone
Yes
Frontage
18’ on Main St
Amenities
- Corner Lot
About 130 MAIN ST , NEWARK, NJ 07105
2 APTS + BAR RESTAURANT WITH NO LEASES
Property Taxes
| Parcel Number | 14-02057-0000-00019 | Improvements Assessment | $469,400 |
| Land Assessment | $86,400 | Total Assessment | $555,800 |
Property Taxes
Parcel Number
14-02057-0000-00019
Land Assessment
$86,400
Improvements Assessment
$469,400
Total Assessment
$555,800
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