507 Franklin Ave - Restaurant FOR SALE


Nutley, NJ 07110
$1,700,000 USD
201-777-2302
507 Franklin Ave, Nutley, NJ for Sale
$1,700,000 USD
Restaurant - FOR SALE
1/8
null | Request Cap Rate

507 Franklin Ave
Nutley, NJ 07110


HIGHLIGHTS

  • Sale of the building includes the Liquor License.
  • Purchaser can add four (4) apartments above with no variance required.

OVERVIEW

Liquor License Included in Sale (Broad C). The property sits on 0.179 acres and is adjacent to a public parking lot. The restaurant currently has a seating capacity of 128 indoor seats, a mix of traditional tables, high tops, and bar seating. Additionally, there is outdoor dining in the front of the restaurant.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$449 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,950 SF

ZONING

B3, Nutley Twp.

APN/PARCEL ID

16-03100-0000-00038

ASK ABOUT THIS PROPERTY

Curtis NassauRipco Real EstateMore Info
201-777-2302

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Curtis NassauRipco Real EstateMore Info
201-777-2302

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