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Turnkey Restaurant/Bar or Redevelopment Site 527-529 William St 7 532 pi² Commerce de détail Immeuble East Orange, NJ 07017 1 491 710 $ CAD (198,05 $ CAD/pi²)



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Faits saillants de l'investissement
- 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
Résumé de l'annonce
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.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Condition de vente
Projet de redéveloppement
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
7 532 pi²
Classe d’immeuble
C
Année de construction
1970
Prix
1 491 710 $ CAD
Prix par pi²
198,05 $ CAD
Location
Unique
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
0,91
Taille du lot
0,19 AC
Zone de développement économique
Oui
Zonage
T-R4 Zone - (District du village de transit et Résidentiel 4)
Façade
107’ sur William St
Commodités
- Accès 24 heures
- Restaurant
- Climatisation
Walk Score®
Un paradis pour un marcheur (91)
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 05-00540-0000-00033 | Évaluation des bâtiments | 1 069 318 $ CAD |
| Évaluation du terrain | 273 698 $ CAD | Évaluation totale | 1 343 016 $ CAD |
Impôts fonciers
Numéro de lot
05-00540-0000-00033
Évaluation du terrain
273 698 $ CAD
Évaluation des bâtiments
1 069 318 $ CAD
Évaluation totale
1 343 016 $ CAD
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Turnkey Restaurant/Bar or Redevelopment Site | 527-529 William St
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