2658 Highway 516 - Restaurant FOR SALE


Old Bridge, NJ 08857
$2,900,000 USD
201-970-4593
2658 Highway 516, Old Bridge, NJ for Sale
$2,900,000 USD
Restaurant - FOR SALE
1/34
null | Request Cap Rate

2658 Highway 516
Old Bridge, NJ 08857


OVERVIEW

2658 Highway 516 Old Bridge, NJ is the address for your new restaurant-bar-property venture. This fully operational 6,100 sq. ft. restaurant facility sits on just under 2 acres of land and benefits from high visibility and tremendous traffic counts of approximately 30,000 vehicles daily. Fully renovated in 2017, this facility offers seating for 180 guests indoors, an additional 120 guests on the charming paver outdoor patio with fire pit, and a private event space that accommodates up to 50 guests. The expansive bar area has seating for around 20. Upgrades include a newly installed 24-tap draft beer system with a glycol machine and dedicated walk-in draft beer box. The kitchen boasts rubberized flooring, and the roof is approximately 9 years old. The restaurant also features a new 45-ton HVAC system and a fully integrated A/V system. The back-of-house area includes a state-of-the-art kitchen with a full walk-in refrigerator and a dedicated walk-in freezer. The sale includes a "33" liquor license, all furniture, fixtures, and equipment (FF&E). Perfectly positioned between Route 18 and Route 9 makes this a potential location winner. Restaurateurs, this restaurant-real estate package is a rare opportunity that's worth a deeper look. Inquire within.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$475 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

93

LAND DETAILS

LAND ACRES

1.93 AC

LAND SF

84,071 SF

ZONING

CC

APN/PARCEL ID

15-09000-0000-00014

ASK ABOUT THIS PROPERTY

Margaret WatsonLiberty Realty, LLCMore Info
201-970-4593

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Margaret WatsonLiberty Realty, LLCMore Info
201-970-4593

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.