Property
Newark City, NJ 07114 172 Thomas St
$155,000
3 more
Presented By: WEICHERT REALTORS
Full/Half Baths • 0 / 1- SQFT • 1,500
Full/Half Baths • 0 / 1
SQFT • 1,500Home Details
Price Reduced! Social Club with Liquor License ONLY! . The building is not for sale! Don't miss this exceptional opportunity for investors or entrepreneurs to acquire an established social club with significant upside potential. This business includes a valuable C-33 Private Club Liquor License, permitting the sale of alcoholic beverages to members and their guests in a private club setting. Featuring a fully equipped bar and lounge area, the club already benefits from an established membership base and is well-positioned for continued growth. Ideal for private events, social gatherings, and expanded revenue opportunities, this is a turnkey operation with room to elevate and maximize profitability. Sale is subject to approval and transfer requirements of the New Jersey Division of Alcoholic Beverage Control and the local municipality.
Presented By: WEICHERT REALTORS
Interior Features for 172 Thomas St
Bathrooms
Half Baths1
Other Interior Features
Fuel TypeGas-Natural
General for 172 Thomas St
Business NameMi Ranchito
Business TypeSee Remarks
Cooling1 Unit, Central Air
CountyEssex
DirectionsSouth St to Mulberry to Thomas St #172
Documents AvailableSee Remarks
DriveSee Remarks
Existing LeaseSee Remarks
GarageNone
Gross Income75000
Heating1 Unit
Leasable Area1500
Leasehold Rent $/Mo2300
Net Operating Income40000
Operating Expense35000
OwnershipSole Proprietorship
PossessionAt Closing
SewerPublic Sewer
Standard StatusActive
StatusActive
Town #1614
TownshipNewark City
UtilitiesElectric, Gas-Natural
Exterior for 172 Thomas St
Building Area Total1500
Road TypeCity/Town Street
Water SourcePublic Water
Additional Details
Price History
Brian Lee
Associate