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182 Center Ave
Westwood, NJ 07675
THEATRE BUSINESS PLUS REAL ESTATE FOR SALE · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Movie Theater
Building Size
36,000 SF
Building Class
B
Year Built/Renovated
1928/1999
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.43
Lot Size
0.34 AC
Zoning
CBD - CBD
Frontage
188’ on Center Ave

Amenities

  • Banking
  • Bus Line
  • Commuter Rail
  • Signage
  • Air Conditioning

About 182 CENTER AVE , WESTWOOD, NJ 07675

THEATRE PLUS REAL ESTATE FOR SALE--6 theatres with 950 seats plus 3 retail spaces FOR OM AND FURTHER INFORMATION, COMPLETE CONFIDENTIALITY AGREEMENT The Thurston Group LLC exclusively represents this multi-tenant retail opportunity in Westwood, Bergen County, NJ. The major tenant has been rated as one of the top 4 theatres in Bergen County by (201) Magazine in 2018. There are 6 theatres with 950 seats. The three smaller tenants have under market rents and are on month to month leases so have the opportunity to immediately increase the return (see Offering Memorandum Pro Forma). The cinema operator will continue to operate the movie theater for 2-3 years after closing if the purchaser is interested. The Theatre is located adjacent to a Municipal Parking Lot which only charges through 6 pm in the evening Monday to Saturday so allows for most shows to be free from parking fees. There is also street parking which follows the same parameters.

Property Taxes

Property Taxes

Parcel Number
67-00907-0000-00018
Land Assessment
$675,000
Improvements Assessment
$1,485,700
Total Assessment
$2,160,700
  • Listing ID: 15798392

  • Date on Market: 4/22/2019

  • Last Updated:

  • Address: 182 Center Ave, Westwood, NJ 07675

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