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DOUGLAS ELLIMAN IS A LICENSED REAL ESTATE BROKER IN CALIFORNIA WITH LICENSE # 01947727, COLORADO WITH LICENSE # EC100053892, CONNECTICUT WITH LICENSE # REB.0314827, THE DISTRICT OF COLUMBIA WITH LICENSE # REO40000160, FLORIDA WITH LICENSE # CQ1020232, MARYLAND WITH LICENSE # 645270, MASSACHUSETTS WITH LICENSE # 422764, NEVADA WITH LICENSE # 1454643, NEW JERSEY WITH LICENSE # 0572105, NEW YORK WITH LICENSE # 10991211812, TEXAS WITH LICENSE # 9008706, AND VIRGINIA WITH LICENSE # 0226035659.

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15 S Orange Ave

south orange village twp., NJ 07079-1716

$2,600,000

    INTERESTED? LET'S CONNECT

    This is a fantastic opportunity for an experienced restaurateur, brewer, or bar operator, to acquire a turnkey restaurant in downtown South Orange. Or change the use completely and bring a retailer, pharmacy, QSR, national brand. The two-story masonry building spans approximately 7,980 sq ft and features two fully equipped kitchens. The building was originally built as a bank so you have a solid two story masonry structure with all open spans, and some classic wood workings like the fireplace and bars. The restaurant accommodates 110 patrons, with bar seating for 25, two high-top tables in the bar area, and four additional high-top tables in a separate area. The second floor offers event space with a capacity of up to 70 people, making it an Ideal location for special catered events. The building is conveniently located just one block from the South Orange downtown train station and is in a highly visible, high pedestrian and car traffic, retail location, with many new residential units in close proximity. The property will be delivered vacant at closing. Advised that can build up two more floors to either expand the commercial space, or put some residential units above, as per city and per engineer, please independently verify. Please note that the purchase price does not include the business or trade name associated with the property. Liquor license may be purchased for addl $600k. Equipment such as Brewery tanks, stills, kettles etc may be purchased separately for $200k

    Details

    7,980 Sq Ft

    5,662.8 Sq Ft Exterior Space

    Commercial

    $62,392 Annual Tax

    Built in 1900

    MLS/Listing ID 3960329

    2 Stories

    1 Units

    Amenities & Features

    Cooling - Central Air

    Flat

    Listing Courtesy of COMPASS NEW JERSEY LLC, ADAM BICKOFF

    GSMLS

    Source of Data: GARDEN STATE MLS

    Interested in 15 S Orange Ave?