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187-189 Bloomfield Ave 9,750 SF 100% Leased Retail Building Newark, NJ 07104 $2,734,099 CAD ($280.42 CAD/SF)
Investment Highlights
- FULLY OPERATIVE BAR/RESTAURANT
- 2 RESIDENTIAL UNITS
- LIQUOR LICENSE INCLUDED
Executive Summary
Prime Mixed-Use Investment in the Heart of Newark! Exceptional opportunity to own a fully operating bar, restaurant, and nightlife establishment - Liquor License included ready to be taken over by new owner. Corner positioning provides maximum visibility and accessibility, driving steady customer traffic day and night. Fully operational and established, offering immediate income potential. Additional income is generated from the two residential units - One (1) 1-Bedroom Apartment - One (1) 2-Bedroom Apartment. Great opportunity for Owner-operators, or investors. Property recently renovated, in good condition. Separate utilities.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
9,750 SF
Building Class
C
Year Built
1910
Price
$2,734,099 CAD
Price Per SF
$280.42 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.80
Lot Size
0.08 AC
Zoning
B-2 - Commercial
Frontage
48’ on Bloomfield Ave Ave Ave
Amenities
- Bus Line
- Freeway Visibility
- Signage
Walk Score®
Walker's Paradise (90)
Transit Score®
Excellent Transit (71)
Nearby Major Retailers
Property Taxes
| Parcel Number | 16-08305-0000-00012 | Improvements Assessment | $411,348 CAD |
| Land Assessment | $251,745 CAD | Total Assessment | $663,093 CAD |
Property Taxes
Parcel Number
16-08305-0000-00012
Land Assessment
$251,745 CAD
Improvements Assessment
$411,348 CAD
Total Assessment
$663,093 CAD
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187-189 Bloomfield Ave
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