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



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
Amenities
- 24 Hour Access
- Restaurant
- Signage
- Kiosk/Cart Space
- Monument Signage
- Air Conditioning
1 Unit Available
Unit 1
| Unit Size | 2,900 SF | NOI | $304,942.49 CAD |
| Condo Use | Retail | No. Parking Spaces | 40 |
| Sale Type | Investment or Owner User |
| 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
Presented by
G E O Gastronomy Estates Organization
216 Woodside Ave - HIGHWAY LOCATION BUILDING
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