About This Restaurant
Investment Highlights
over 19,000 cars go by property daily Open Floor plan with many windows .on the water Lots of natural light over 150 windows
Executive Summary
Sales does not include CJ Steak House with 110 seats indoors and 113 seats outdoors on the water. Property has 47 parking spots with 60 valet parking spots in close proximity. Sale with Restaurant includes liquor License. CJ's has been open for just over a year and growing nicely... trending at !.2 million presently with 1.5 million trend by June of 2023. In addition there is 130 foot water tower with two cell carriers as tenants. There is room for many more carriers as they expand.
Property Details
- Sale Type Owner User
- Sale Condition Redevelopment Project
- Property Type Office
- Property Subtype Loft/Creative Space Loft/Creative Space General Retail Restaurant Loft/Creative Space
- Building Size 20,000
- Building Class B
- Year Built/Renovated 1885/2015
- Price 3,400,000
- Price Per SF 170
- Percent Leased Vacant
- Tenancy Multiple
- Building Height 2 Stories
- Typical Floor Size 10,000
- Slab To Slab 14?
- Building FAR 0.46
- Land Acres 1.00 AC
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Amenities
- 24 Hour Access
- Atrium
- Bus Line
- Food Service
- Pond
- Restaurant
- Waterfront
- High Ceilings
- Natural Light
- Food Service
- Partitioned Offices
- Outdoor Seating
- Air Conditioning
Property Taxes
Parcel Number | 39-00301-0000-00001 | Improvements Assessment | $1,477,000 |
Land Assessment | $1,477,100 | Total Assessment | $40,000 (2.00/SF) |
Date Created: | 2024-07-16 04:17:58 | Last Updated: | 2024-07-16 04:17:58 |
Address: | 175 N Main St , Wharton, New Jersey, 07885 |