About This Restaurant
Investment Highlights
Sale of the building includes the Liquor License. Purchaser can add four (4) apartments above with no variance required.
Executive Summary
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.
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Restaurant
- Building Size 3,784
- Building Class C
- Year Built 1964
- Price 1,800,000
- Price Per SF 476
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.48
- Land Acres 0.18 AC
Nearby Amenities & Transportation
| Retail | ShopRite | ||
| Retail | Capital One | ||
| Retail | Starbucks | ||
| Retail | PNC Bank | ||
| Retail | Bonchon | ||
| Retail | Lakeland Bank | ||
| Retail | Valley National Bank | ||
| Retail | TD Bank | ||
| Retail | Chase Bank | ||
| Retail | Smashburger |
Property Taxes
| Parcel Number | 16-03100-0000-00038 | Improvements Assessment | $293,500 |
| Land Assessment | $445,800 | Total Assessment | $739,300 |
| Date Created: | 2024-07-16 04:16:25 | Last Updated: | 2024-07-16 04:16:25 |
| Address: | 507 Franklin Ave , Nutley, New Jersey, 07110 | ||