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Turnkey Restaurant/Bar or Redevelopment Site 527-529 William St 7,532 SF Retail Building East Orange, NJ 07017 $2,303,268 CAD ($305.80 CAD/SF)



INVESTMENT HIGHLIGHTS
- Turnkey Hospitality Setup – three bars, DJ booth, VIP room, and full commercial kitchen
- Outdoor Patio/Event Space for seating or private functions
- Ample Infrastructure – four HVAC units, six bathrooms, multiple exits
- Liquor License Available (additional purchase option)
- High Visibility Location – 107 ft frontage on busy William Street
- Redevelopment Potential – 0.18-acre lot in East Orange’s Transit Village District
EXECUTIVE SUMMARY
For Sale East Orange Restaurant/Bar w/ Liquor License + Redevelopment Potential
Asking Price: $1,650,000 (Liquor License Available Separately for $160,000)
Rare opportunity to acquire a 7,532 SF two-story commercial building in the heart of East Orange’s thriving business and residential district. Positioned on a 0.18-acre lot along a high-traffic corridor and surrounded by multiple high-rise apartment buildings, this property benefits from excellent visibility and a built-in customer base.
The building is fully equipped and currently configured for hospitality use, featuring:
-Three separate bars across two floors
-Six bathrooms
-Outdoor space for seating or events
-Commercial kitchen with grill and rotisserie area
-One walk-in cooler and three refrigerator/freezers
-DJ booth and VIP room
-Office space for management
-Four HVAC units
-Four separate exits
A liquor license is available with the property for an additional $160,000, creating a turnkey opportunity for restaurant, bar, or nightclub operators.
Located in the T-R4 Zone (Transit Village District and Residential 4), the property allows for a wide variety of uses, including multi-family dwellings, offices, schools, day care centers, houses of worship (with restrictions), and public facilities. The site may also be purchased for redevelopment, offering strong upside potential in a rapidly growing, transit-oriented area.
527 William Street presents an exceptional opportunity for investors, developers, or operators seeking a high-visibility property in one of East Orange’s most dynamic corridors.
Asking Price: $1,650,000 (Liquor License Available Separately for $160,000)
Rare opportunity to acquire a 7,532 SF two-story commercial building in the heart of East Orange’s thriving business and residential district. Positioned on a 0.18-acre lot along a high-traffic corridor and surrounded by multiple high-rise apartment buildings, this property benefits from excellent visibility and a built-in customer base.
The building is fully equipped and currently configured for hospitality use, featuring:
-Three separate bars across two floors
-Six bathrooms
-Outdoor space for seating or events
-Commercial kitchen with grill and rotisserie area
-One walk-in cooler and three refrigerator/freezers
-DJ booth and VIP room
-Office space for management
-Four HVAC units
-Four separate exits
A liquor license is available with the property for an additional $160,000, creating a turnkey opportunity for restaurant, bar, or nightclub operators.
Located in the T-R4 Zone (Transit Village District and Residential 4), the property allows for a wide variety of uses, including multi-family dwellings, offices, schools, day care centers, houses of worship (with restrictions), and public facilities. The site may also be purchased for redevelopment, offering strong upside potential in a rapidly growing, transit-oriented area.
527 William Street presents an exceptional opportunity for investors, developers, or operators seeking a high-visibility property in one of East Orange’s most dynamic corridors.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
7,532 SF
Building Class
C
Year Built
1970
Price
$2,303,268 CAD
Price Per SF
$305.80 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.91
Lot Size
0.19 AC
Opportunity Zone
Yes
Zoning
T-R4 Zone - (Transit Village District and Residential 4)
Frontage
107’ on William St
AMENITIES
- 24 Hour Access
- Restaurant
- Air Conditioning
Walk Score®
Walker's Paradise (91)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 05-00540-0000-00033 | Improvements Assessment | $1,078,209 CAD |
| Land Assessment | $275,973 CAD | Total Assessment | $1,354,182 CAD |
PROPERTY TAXES
Parcel Number
05-00540-0000-00033
Land Assessment
$275,973 CAD
Improvements Assessment
$1,078,209 CAD
Total Assessment
$1,354,182 CAD
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Turnkey Restaurant/Bar or Redevelopment Site | 527-529 William St
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