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217 Frelinghuysen Ave Newark City, NJ 07114
- Other / Resale (MLS)
Property Details for 217 Frelinghuysen Ave, Newark City, NJ 07114
Features
- Price/sqft: $290
- Total Units: 4
Facts
- Property ID: 877408723
- MLS Number: 3896318
- Property Type: Other
- County: ESSEX
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. 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.
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Copyright © 2024 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.