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216 Woodside Ave - HIGHWAY LOCATION BUILDING 2,900 SF Retail Condo Unit in Newton, NJ 07860

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Investment Highlights

  • HIGHWAY LOCATION

Executive Summary

NEW building and restaurant. A staple in the community for over 4 years. Strong relationships with the schools and local businesses. A very loyal clientele, well known for the Steaks, Bar, Entrees, lunches, and service to the community. A well-established Steakhouse restaurant bar in the heart of Newton, on highway 206, across from the golf course and at front of a huge new proposed development. The real estate and business available for sale or lease to qualify.

Property Facts

Total Building Size 2,900 SF
Property Type Retail (Condo)
Property Subtype
Restaurant
  • General Retail Bar
  • General Retail Freestanding
  • General Retail Storefront
Building Class C
Floors 1
Typical Floor Size 2,900 SF
Year Built 2022
Tenancy Single
Lot Size 0.57 AC
Parking Ratio 13.79/1,000 SF
Zoning C-3

Amenities

  • 24 Hour Access
  • Restaurant
  • Signage
  • Kiosk/Cart Space
  • Monument Signage
  • Air Conditioning

1 Unit Available

Unit 1

Unit Size 2,900 SF
Condo Use Retail
Sale Type Investment or Owner User
NOI $304,942.49 CAD
No. Parking Spaces 40
Description

Please contact the broker to visit. OPEN 7 days 12-9PM. Operating 63hrs per week similar concepts operate 84hrs per week

  • Building 2,772+/-SF, plus basement .57 Acres
  • Seating capacity 95 PLUS PORTCH AMPLE Parking on site. To the discuss this business and real estate opportunity, an NDA needs to be in place.

Sale Notes

With the purchase of the business. A long lease in place, 10 years plus renewals $7,500 monthly. All FF&E furniture, fixtures, equipment, good will, recipes, liquor license, and brand name included in the lease to a qualify tenant or both business and Real Estate can be acquired.

Nearby Major Retailers

Powerhouse Gym
Santander
  • Listing ID: 39388884

  • Date on Market: 2026-02-10

  • Last Updated:

  • Address: 216 Woodside Ave, Newton, NJ 07860

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