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136 Newark Ave
Jersey City, NJ 07302
Retail Property For Sale

EXECUTIVE SUMMARY

Singular opportunity to own a large commercial condo on the Newark Ave pedestrian plaza in Downtown Jersey City, steps from the Grove st Path station and just a few minute subway ride to Manhattan. The fully renovated space currently has a restaurant tenant. The space consists of two, app. 2000 sqft levels, with app. 3200 net sqft after buildout. The upstairs level is home to a restaurant with seating for 85 with a spacious bar and handicap accessible bathroom along with a commercial kitchen. The lower level is a separate lounge/private party space with its own bar and sound system with an app. 500 bottle wine cellar, walk-in refrigeration and additional 3 private restrooms. Seasonal outside seating adds an other 36 seats in front of the restaurant right on the pedestrian plaza. Sale includes REAL ESTATE AND FIXTURES ONLY, BUSINESS IS NOT FOR SALE! Seller can assist in obtaining a liquor license for a separate fee.

PROPERTY FACTS

Property Type Retail
Property Subtype
Storefront Retail/Residential
  • General Retail Restaurant
Building Class C
Lot Size 0.07 AC
Gross Leasable Area 10,000 SF
No. Stories 4
Year Built/Renovated 1896/2015
APN / Parcel ID 06-11404-0000-00022
Zoning Commercial

AMENITIES

  • Metro/Subway
  • Restaurant
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Listing ID: 11736319

  • Date on Market: 2/26/2018

  • Last Updated:

  • Address: 136 Newark Ave, Jersey City, NJ 07302

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