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18 yr business w/ Liq.Lic. building. property 147 Avenel St

3,000 SF Retail Building Avenel, NJ $899,900 ($300/SF)

Investment Highlights

  • Close to New luxury apartments & train station
  • Plenary license

Executive Summary

Opportunity you have been waiting for! Long established bar/grill with ample parking, 2 bedroom apt. for extra income. Excellent location across street from brand new luxury apartment building and state of the are 200 seat theater. 1 block from train station. Doing high income volume with potential for so much more. Included in sale is a Broad C 33 plenary license plus real estate.

Property Facts

Sale Type
Property Type
Property Subtype
Building Size
Sale Type
Property Type
Property Subtype
Building Size
Building Class
Year Built
Sale Type
Property Type
Property Subtype
Building Size
Building Class
Year Built
Price
Price Per SF
Tenancy
Building Height
Building FAR
Land Acres
Investment or Owner User
Retail
Bar
3,000 SF
Investment or Owner User
Retail
Bar
3,000 SF
C
1940
Investment or Owner User
Retail
Bar
3,000 SF
C
1940
$899,900
$300
Multiple
2 Stories
0.63
0.11 AC
Building Class
Year Built
Price
Price Per SF
Price
Price Per SF
Tenancy
Building Height
Building FAR
Land Acres
C
1940
$899,900
$300
$899,900
$300
Multiple
2 Stories
0.63
0.11 AC
Tenancy
Building Height
Building FAR
Land Acres
Multiple
2 Stories
0.63
0.11 AC
Zoning
Parking
Opportunity Zone
AR-C
20 Spaces (6.67 Spaces per 1,000 SF Leased)
No
  • Listing ID: 17420000
  • Date Created: 10/10/2019
  • Last Updated:

zoning

Zoning Code AR-C

About 147 Avenel St , Avenel, NJ 07001

Successful 18 year bar and grill - 2500 sq. ft., with ample parking, 2 bedroom apt. for extra income. Excellent location across street from brand new luxury apartment building and state of the are 200 seat theater. 1 block from train station. Doing high income volume with potential for so much more. Included in sale is a Broad C 33 plenary license plus real estate.

MAJOR TENANTS

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Margeez Bar & Grill
  • -
  • 1,506 SF
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Margeez Bar & Grill - 1,506 SF - -

Traffic

Collection Street Cross Street Traffic Volume Year Distance
Avenel St Commercial Ave, E 9,847 2018 0.20 mi
Rahway Ave Harvard Ave, S 15,353 2013 0.35 mi
Rahway Ave Meinzer St, S 13,637 2013 0.36 mi
Avenel St Jansen Ave, NW 18,310 2018 0.43 mi
Rahway Ave Bucknell Ave, S 15,553 2018 0.51 mi
US Hwy 1 Kirk St, NE 59,315 2018 0.51 mi
US Hwy 1 Lord St, SW 65,595 2018 0.51 mi
United States Highway 1 Lord St, SW 61,026 2012 0.51 mi
Avenel St Minna Ave, NW 14,054 2018 0.57 mi
United States Highway 1 W Smith St, SW 67,176 2012 0.59 mi

Transportation

Commuter Rail

Avenel Commuter Rail (North Jersey Coast Line)
NJ Transit Commuter Rail
North Jersey Coast Line
3 min walk 0.2 mi
Woodbridge Commuter Rail (North Jersey Coast Line)
NJ Transit Commuter Rail
North Jersey Coast Line
5 min drive 1.8 mi

airplane iconAirport

Newark Liberty International Airport
30 min drive 13.9 mi
La Guardia Airport
49 min drive 34.1 mi
John F. Kennedy International Airport
54 min drive 37.4 mi

PROPERTY TAXES

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