This listing presents a rare opportunity to acquire a fully built-out smoke shop business located in Commercial Unit #5 at 1542 John F. Kennedy Boulevard, Jersey City, NJ 07305. The turnkey business is offered at an asking price of $150,000. The sale includes all inventory, display fixtures, branding, and wholesale vendor relationships, along with a smoke shop license currently in process. The license is tied to the premises and requires only a standard background check for final approval under New Jersey state guidelines.
The buyer will assume an existing five-year lease at $1,600/month, effective November 1, 2024. The lease is priced below current market rates for comparable retail spaces in the area, offering significant cost stability in a rapidly developing corridor.
Located within a 68-unit mixed-use property, the unit benefits from steady foot traffic generated by the on-site residential community and nearby transit access. Of particular strategic value, the property also houses a fully licensed and operational adult-use dispensary in a non-contiguous unit. While the two businesses operate under separate ownership and licensing structures in full compliance with New Jersey law, their co-location creates strong commercial synergy.
Situated directly on John F. Kennedy Boulevard, a major vehicular and transit artery connecting Jersey City and Bayonne with direct access to Route 440, I-78, and active redevelopment zones, this location delivers high visibility, ease of access, and long-term commercial viability.
This opportunity is well-suited for qualified operators or investors seeking immediate market entry without the delays of build-out or license origination.
Showings require proof of funds. Lease assignment and license transfer are subject to standard landlord and regulatory approval.
For inquiries, contact:
Arianna Nieves
P: 201-463-3657
E: Arianna@Serhant.com
