Property

Newark City, NJ 07104 870 Broadway

Pending
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Presented By: 3SIXTY REALTY LLC; 973-200-7709
  • MLS# 3934275
  • 11/13/2024
  • Request Tour
  • Request Info
  • Full/Half Baths • 0 / 5
  • SQFT • 6,408

Home Details

The Latin Flavor Restaurant & Lounge - "Turnkey Restaurant Opportunity in Prime Location " Don't Miss Out!" Are you looking to own a thriving business in a high-traffic area? This restaurant/lounge offers a proven concept with strong community support, consistent revenue, and excellent growth potential. Whether you're a seasoned restaurateur or a budding entrepreneur, this is a chance to step into a fully equipped, operational restaurant without the hassle of starting from scratch. Situated in a bustling area with high foot traffic and visibility, save thousands on startup costs with a ready-to-go setup. Expand hours, introduce catering, or refine the menu to boost profits. Lower level with plenty of storage space and finished space. Seller is willing to assist during the transition for a smooth handover. Liquor license C Class - "Plenary Retail Consumption License Title 33" - alcoholic beverages can be sold On and Off premises, the license also allows the sale of packaged merchandise, novelty clothing, cigars, cigarettes, snacks, and nonalcoholic beverage. Equipments, inventory and goodwill included in the sale.
Presented By: 3SIXTY REALTY LLC; 973-200-7709

Interior Features for 870 Broadway

Bathrooms

Half Baths5

Other Interior Features

BasementFinished, Full
Fuel TypeGas-Natural

General for 870 Broadway

Business NameThe Latin Flavor Res
Business TypeRetail
Cooling3 Units
CountyEssex
DirectionsFrom McCarter Highway to Verona Ave. From Washington Ave to Broadway
Documents AvailableInventory Report, Leases, See Remarks
DriveNone, On-Street Parking
Existing LeaseLease Transferable, Renewal Option
GarageNone, On-Street Parking
Gross Income
Heating3 Units, Forced Hot Air
Leasable Area3300
Lease Amount6000
Net Operating Income0
Operating Expense0
OwnershipSee Remarks
Possession0-30 Days
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Town #1614
TownshipNewark City
UtilitiesGas In Street

Exterior for 870 Broadway

Building Area Total6408
Road TypeCity/Town Street, Corner
Water SourcePublic Water

Additional Details

Price History

Ebonie Clerier

Associate
Price $545,000
MLS#3934275
List Date 11/13/2024
Property Type Pending
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