**PRICED TO SELL**Exceptional Opportunity - Prime Location, Just a Block from Penn Station! Discover this remarkable Ironbound landmark Restaurant/Sports bar, ideally situated for success. An ideal prospect for an ambitious visionary, this establishment comes fully equipped, offering a unique opportunity for development. The property is zoned for development, providing an all-inclusive package for the discerning buyer. Impressive in size and capacity, the bar can comfortably accommodate over 150 people, while the spacious Dining room can seat 100 guests. Additionally, there's a Private party room on the lower level, capable of hosting up to 150 people, and another on the second level accommodating around 70 people, making it an excellent choice for events of all kinds. Beyond the main business areas, the property boasts an Office space and 7 private rooms for monthly rentals, providing an additional revenue stream. The entire establishment is meticulously maintained, presenting itself in spotless condition, ready for you to begin your business venture or explore exciting development possibilities immediately. To sweeten the deal, a corner parking lot conveniently located across the street is also included, ensuring ample parking for patrons.

Primary Features

Location Business District, Corner, See Remarks
For Sale Or Lease For Sale
Sale Includes Building & Business, Building & Land, Equipment, Inventory, Operating Licenses, See Remarks
Permitted Use Restaurant. Boarding House
Construction Brick/Block
Exterior Description Brick/Block
Roof Description Flat
Equipment Available Appliances, Burglar Alarm, Fire Alarm, Fixtures, Restrooms - Private, Restrooms - Public, Sign - Building, Sign - Roof
Heating Multi-Zone
Cooling Multi-Zone Cooling
Sewer Public Sewer
Water Public Water
Utilities All Underground

Interior Features

Basement Yes
Basement Description Finished

External Features

Approximate Lot Size 35X99R35
Construction Date/Year Built Description Approximate
Easement Unknown
Parking/Driveway Description Off-Street Parking, Parking Lot-Exclusive, See Remarks
Primary Property Type Restarnt

Location Information

Block Identifier 185
County Number 16
Lot Identifier 94
Town Number 1614
Zoning Compliance yes
Zoning C-2

Financial Details

Assessment Building 200600
Assessment Land 240000
Assessment Total 440600
Farm Assessment No
Ownership Type Fee Simple
Possession At Closing
Tax Amount 16461
Tax ID For Property 1614-00185-0000-00094-0000-
Tax Rate 3.736
Tax Rate Year 2022
Tax Year 2022

Additional

Fuel Type Gas-Natural
Number of 1 Bedroom Units 10
Number of Apartments 10
Number of Stories 2
Prior Use Restaurant. Boarding House
Renovated Year 2021

Area Info


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Listing Courtesy of EXP REALTY, LLC

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