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

3,000 SF Retail Building Offered at $899,900 in Avenel, NJ

Highlights

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

Investment 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.

The Offering

  • Listing ID: 17420000
  • Date Created: 10/10/2019
  • Last Updated:

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.

TRADE AREAS

Talent Base and Commute Times

1 mile 1 mi 3 mile 3 mi 5 mile 5 mi
1 Mile
3 Mile
5 Mile
Total Population
18,975
132,351
373,959
2010 Population
18,382
122,938
357,634
2024 Population
19,188
135,060
380,184
Employees
6,316
60,754
143,195
Total Businesses
502
4,704
12,958
Average Household Income
$90,895
$94,406
$100,426
Median Household Income
$75,200
$78,274
$80,641
Total Consumer Spending
$164.85M
$1.3B
$3.8B
Median Age
41.8
39.6
39.5
Households
5,965
46,934
130,992
Percent College Degree or Above
15%
19%
19%
Average Housing Unit Value
$291,152
$305,869
$393,749

Major Tenant Information

Tenant SF Occupied Lease End Date
Margeez Bar & Grill 1,506

Traffic

Collection Street Cross Street Traffic Vol 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

Commuter Rail

Drive Walk Distance
Avenel Commuter Rail (North Jersey Coast Line)
1 min 3 min 0.2 mi
Woodbridge Commuter Rail (North Jersey Coast Line)
5 min 1.8 mi

Airport

Drive Distance
Newark Liberty International Airport
30 min 13.9 mi
La Guardia Airport
49 min 34.1 mi
John F. Kennedy International Airport
54 min 37.4 mi
Walk Score ®
55
Somewhat Walkable
Transit Score ®
38
Some Transit
What is a Walk Score®, Transit Score® & BikeScore®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

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