Property

Newark City, NJ 07105 108 Jabez St

108 Jabez St Newark City, NJ - Image 1108 Jabez St Newark City, NJ - Image 2108 Jabez St Newark City, NJ - Image 3
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Presented By: NEW DIRECTION REALTY; 833-984-4663
  • MLS# 3897037
  • 04/19/2024
  • Request Tour
  • Request Info
  • Full/Half Baths • 0 / 2
  • SQFT • 1,500

Home Details

Exciting Turnkey Restaurant/Cafeteria in Newark's Ironbound SectionAttention hard working entrepreneurs! Here's your chance to dive into an amazing opportunity in Newark's bustling Ironbound Section " a fully-equipped restaurant/cafeteria ready for your touch of success.Highlights:Prime Location: Situated in the heart of the lively Ironbound Section, this spot attracts a diverse crowd with its cultural richness and foot traffic.Ready to Roll: Walk into a fully-equipped space with top-notch kitchen gear and inviting furnishings " no need to start from scratch.Smooth Transition: Operational systems are in place, and there's a loyal customer base waiting for you. Take over hassle-free and start making your mark.Endless Possibilities: Whether you want to continue the current theme or try something new, the sky's the limit for success.Secure Lease: Enjoy peace of mind with a lengthy and transferable lease, giving you stability as you grow.Why This Opportunity?Gateway to Growth: Expand your existing business or start fresh with a solid foundation in the Ironbound Section's bustling marketCommunity Connection: Connect with locals who appreciate authenticity and quality " become a beloved part of the neighborhood.Strategic Advantage: With a prime location and fully-equipped setup, stand out from the competition and make your mark in Newark.Don't miss out on this opportunity. Dive into Newark's Ironbound Section and turn your passion into profit today!
Presented By: NEW DIRECTION REALTY; 833-984-4663

Interior Features for 108 Jabez St

Bathrooms

Half Baths2

Other Interior Features

Fuel TypeGas-Natural

General for 108 Jabez St

Building #114
Business NameTAZA DORADA
Business TypeRetail
CoolingCentral Air
CountyEssex
Days on Market7
DirectionsFrom Wilson Ave towards Route 1&9, right on Jabez, Business is located on right hand side.
Documents AvailableInventory Report, Leases, See Remarks
Drive2 Car Width
Existing Lease5 or More Years, Renewal Option, Seller Does Not Own Building
GarageNone
Gross Income
Heating1 Unit
Leasable Area1484
Lease Amount3600
LocationCommercial Area, Strip Mall Store
Net Operating Income60000
Operating Expense0
Percent OwnershipCorporation
PossessionAT CLOSING
ServicesCable TV Available, Fiber Optic Available
SewerPublic Sewer
Standard StatusActive
StatusActive
Street NameJabez St
Town #1614
TownshipNewark City
UtilitiesElectric, Gas-Natural

Exterior for 108 Jabez St

Building Area Total1500
Road TypeCity/Town Street
Water SourcePublic Water

Additional Details

Price History

YOLANDA CASSIDY-BOGAN

Associate
Price $138,000
MLS#3897037
List Date 04/19/2024
Property Type Business Op
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