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216 Woodside Ave 2,900 SF Retail Building Newton, NJ 07860 For Sale
Investment Highlights
- Highway location
Executive Summary
Please contact the broker to visit. OPEN 7 days 12-9PM. Operating 63hrs per week similar concepts operate 84hrs per week• Building 2,772+/-SF, plus basement .57 Acres• Seating capacity 95 PLUS PORTCH• AMPLE Parking on site. To the discuss this business and real estate opportunity, an NDA needs to be in place.
With the purchase of the business. A long lease in place, 10 years plus renewals $7,500 monthly. All FF&E furniture, fixtures, equipment, good will, recipes, liquor license, and brand name included in the lease to a qualify tenant or both business and Real Estate can be acquired.
With the purchase of the business. A long lease in place, 10 years plus renewals $7,500 monthly. All FF&E furniture, fixtures, equipment, good will, recipes, liquor license, and brand name included in the lease to a qualify tenant or both business and Real Estate can be acquired.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,900 SF
Building Class
C
Year Built
1938
NOI
$225,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.57 AC
Zoning
C-3
Parking
40 Spaces (13.79 Spaces per 1,000 SF Leased)
Frontage
100’ on 216 Woodside Avenue
Amenities
- 24 Hour Access
- Restaurant
- Signage
- Kiosk/Cart Space
- Monument Signage
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
Property Taxes
| Parcel Number | 15-00011-01-00014 | Improvements Assessment | $504,200 |
| Land Assessment | $153,500 | Total Assessment | $657,700 |
Property Taxes
Parcel Number
15-00011-01-00014
Land Assessment
$153,500
Improvements Assessment
$504,200
Total Assessment
$657,700
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Presented by
G E O Gastronomy Estates Organization
216 Woodside Ave
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