217 Frelinghuysen Ave, Newark City, NJ

$2,500,000

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5,628

Square feet

0.13

Acres

About 217 Frelinghuysen Ave

Introducing an unparalleled investment opportunity: a fully operational restaurant bar that stands as the epitome of profitability and potential. This property isn't just another venue; it's a lucrative business venture waiting to be seized. Immerse yourself in a world of endless possibilities as this establishment comes fully equipped and in impeccable condition. From the moment you step through the doors, you'll realize the immense potential for success that awaits you. This property stands out because it includes a coveted liquor license, boosting revenue potential from day one. Beyond just a bar, it offers multiple revenue streams with two studio apartments and two full apartments providing rental income opportunities or accommodations for staff members. Additionally, a dedicated banquet area caters to large groups and special events, ensuring a steady stream of patrons year-round. Ample storage space in the walk-in basement and freezers allows efficient inventory management. Entertainment areas on both floors elevate the guest experience, with a DJ booth on each floor for live music events or private functions. This turnkey opportunity promises prosperity, eliminating the hassle of starting from scratch and positioning you for success in the bustling restaurant and bar industry. Seize the moment and transform your entrepreneurial dreams into reality.

Features of 217 Frelinghuysen Ave

MLS® # 3896318
Price $2,500,000
Square Footage 5,628
Acres 0.13
Type Commercial
Status Active

Community Information

Address 217 Frelinghuysen Ave
City Newark City
County Essex
State NJ
Zip Code 07114-1532

Amenities

Utilities See Remarks
Parking See Remarks

Interior

Heating See Remarks
# of Stories 2
Has Basement No

Exterior

Exterior See Remarks
Roof See Remarks

Additional Information

Date Listed April 16th, 2024
Days on Market 17

Listing Details

OfficeREAL
Office Contact908-377-4240

Listing Map

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