Penny Lane Realtors
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Opportunity knocks with this mixed-use building offering an iconic, thriving Restaurant/Bar business with a rich history and 4 residential apartments. Established nearly a century ago, The Old Canal Inn is poised to continue propelling forward. Total patron capacity of 186 including the 75 in the dining room. An extensive craft beer list flows through the 30 taps, with a strong customer base which enjoys the outdoor patio, live entertainment, catering, private parties and the in-house regulation shuffleboard table as well as the 22 large screen TVs. The kitchen and restaurant received a total renovation in 2015. AC systems (2022), Boiler (2020). The residential apartments are well-maintained and fully occupied. Turn-key, profitable operation with strong potential for added growth.
295 Montgomery Street is a Commercial Property with 3 Office Rental Units. This is a crown-jewel type of property, in a 0.33 Acres and in a very high in demand area. All about location! This three-story wood constructed build with approximately 16 parking spaces is a corner parcel with two driveway entrances. Highly visible and well situated near the Bloomfield College, the Bloomfield Center, and transportations. Close to parks, dining, entertaining, Garden State Parkway, Metro/Subway Boonton Line, and Bus Transportation. Do not miss this opportunity.
Back on the market, buyer could not perform. Unlock the potential of this hidden gem in the heart of Newark's bustling Bloomfield Ave. This prime commercial property offers a unique opportunity for savvy investors seeking a strategic location and versatile space. With a little TLC, this property can become a lucrative investment. Renovate and elevate its charm to attract businesses and tenants seeking the best of city living. Proximity to public transportation, including bus routes and Newark Penn Station. Store front and 2 spacious apartments that consist in 5 bedrooms and 2 full baths each unit. All tenants are month to month. The property will not be delivered vacant. Don't wait as it will not last long.
Excellent Location in the heart of the city of Newark New Jersey. This tall building is on a corner lot conveniently located to accommodate any kind of business. It is very close to all the major highways, shopping centers, stadiums, universities, and an easy commute to the major cities. all transportation available such as buses, shatles, trains and more. The walkout basement is fully finished and conveniently divided in suites for easy set up. First floor leased to a successful restaurant with term lease negotiable, second floor vastly open, excellent set up for a training center, a school, insurance company or any other business. This location is fully commercial zoned. It can be delivered as soon as possible.
Impeccable warehouse offering versatile possibilities. Includes an attached office, 2 half baths, kitchen area, solid concrete floors, flat roof, 10.5-foot high ceilings, and central air and heat. Plans for 14 units are in progress; the buyer can continue the process if desired, covering associated costs. Conveniently situated on Bloomfield Ave to North 11th Street, the first building on the right side. Prime location near a school stadium, with walking traffic and accessible public transportation. Property being sold AS-IS . Seize the opportunity! Plans for 15 units have been submitted to Newark City Hall. The purchaser has the option to either build up or maintain the property as it is.
Plenary Retail Distribution License for Sale. License Can go anywhere in Kearny Town with regular city ristriction Add license to your Deli or convenience Sotre for more profit.
$1,600 Rent month to month. Inventory included in the sale and complete client list. Monthly Gross Income $10,000. Owner will open books when offer is accepted.
Fantastic investment opportunity in A+ location. Package deal includes (2) separate buildings on almost 1/2 an acre including a 2-story, 3-bedroom single family home and separate 3-story mixed-use building with bar/restaurant on 1st floor and 3-Bedroom residential unit above. All units are currently rented. Separate utilities. Potential to expand, redevelop and modify current property. 25+ parking spaces and easy, direct access to Routes 3, 21, 80 & 46.
Investment Opportunity! Two story office building located in the beautiful town of Verona. Spacious first floor is currently occupied by an Eye Doctor.- Space is broken up into 2 exam rooms, an office, reception area, bathroom, kitchenette and a large open area. The second floor unit offers two private offices, large reception area, private bath and spacious conference room. Additional income is provided by the rooftop billboard. Close to bus stop, Verona Park, restaurants and shops. Plenty of street parking and the municipal lot is across the street behind Chase Bank.
Located in the redeveloped downtown with high population density. 6800 sqft free standing building with full commercial kitchen equipment. There is also about 1000 sqft basement for storage. Short distance to parking garage, Bloomfield College & Residence Hall, Bloomfield High School, Bloomfield Train Station, NJ Transit Buses, City Hall, Post Office. Surrounded by high end residential rentals (142 units in The Green + 224 units at Avalon + 176 units at Six Points). Currently leased to an Indian buffet restaurant with lease ended on 1/31/2023. Currently on month to month.
Located in the Beautiful town of Verona, near center of town with restaurants and shopping! Great location & opportunity! New lease from Lukoil starting 5/1/24- 4/30/27. 2 Pumps, 4 Tanks: Lukoil Responsible for maintenance of such. Property includes an exclusive parking lot as well as a a Mechanic shop operated through the 2 Bay Garages with car lifts, currently rented till 12/2024, and leased for $4k a month. Opportunity to not only purchase this business location, but also a Rt 46 Lukoil Business, see MLS #3878664.
B-2 zoned professional office/mixed use with approx. 10,683 sq ft on approx. 15,512 sq ft lot. Highly visible location on busy corner in a desirable neighborhood with easy in/out access to 24 space private parking lot.
PRICE REDUCTION!!! Beautiful Worship Center in Bloomfield NJ with a 400-seat capacity; can be used as banquet hall, possible multi-cultural hall: everything in excellent condition.2 floor building, plenty of space. 3-month-old Roof and Carpet. Recently renovated. Newly renovated pulpit with updated sound and lighting system throughout. Additional Children's worship area upstairs with bathroom, Used as Conference room and storage. Downstairs include a renovated kitchen, meeting room and large room with washing facilities: Meeting area. There are 2 offices on the first floor and 1 on the second fl. 2-minute walk to NYC Direct train (Watsessing Station), Bus stop. Easy access to major highways (Rte. 280, GS Pkwy and Rte. 95) within minutes. There's a 45-space car parking lot immediately across the street. Perfect location in a rapidly developing area. 2-minute drive to Home Depo. Come and look for yourself. Will not last!
Location location Location! Calling all entrepreneurs and investors. Do you want to be your own boss? Grab this business opportunity by the horns and make 2024 your year. This Nail salon has a large clientele base and hundreds of thousands of vehicle traffic per day. Ideally located in route 21 plaza; offers your business unlimited potential. Currently generating $7,000 - 10,000 per week! Featuring 10 workstations 6 pedicure chairs with aqua massage Waiting area Security system 14 executive comfort chairs Services offered Acrylic, crystal, manicure, LCN Gel, hand design , gel gloss, clear tip, eyelash, UV Gel Manicure, waxing.
Prime Location in North side of Newark with 3 store front and over 5500 sqft. One story building with parking with 3 active businesses. Businesses are 1 grocery store, 1 flowers/gift shop & Nutrition/ restaurant.
Retail strip center with five units available. Well located, corner property at the intersection of North Grove and Hoffman Blvd. Close to the Bloomfield line. Close to all major highways provides east access. Building had an extensive renovation in 2023, inside and out. Building is approximately 3,500 sqft evenly dived between the five units. Total lot size is approximately 5900 sqft. Separate utilities for each unit; paid by the tenants. Current net operating income of $69,418 giving this property a 8.8% CAP rate. Don't miss this great investment opportunity.
BUILDING FOR SALE LOWER NORTH NEWARK SECTION 12 APARTMENTS , 12- 2 BEDROOMS , LIVING ROOM KITCHEN BATHROOM . BUILDING RENOVATED 2012 AND 4 OUT OF 12 RENOVATED 2023. FLOATING AND CERAMIC FLOORS . ALL SEPERATE UTILITIES ALL UNITS WITH CENTRAL AC/HEAT 13 GAS METERS . 13 ELECTRIC METERS STOVE DISHWASHER INCLUDED . FULL FINISHED BASEMENT WITH UTILITY ROOM AND USED FOR STORAGE FLAT RUBBER ROOF, SPRINKLER SYSTEM SURVELLIANCE CAMARAS BRICK BUILDING ALL AROUND REAR YARD CONCRETE FLOOR NEAR ROUTE 21 AND BROAD ST LIGHT RAIL STATION MONTHLY GROSS INCOME $ 17,966.30
ENDLESS OPPORTUNITIES FOR THIS COMMERCIAL/INDUSTRIAL PROPERTY LOCATED ON THE BORDER OF BLOOMFIELD AND NORTH NEWARK. MANY OPTIONS FROM A BUSINESS ASPECT, BUSINESS IS NOT INCLUDED IN SALE.
Restaurant + 1 Apartments with 2 Bedrooms. Central air/central heat. Restaurant in good condition. Sold as a package deal with 296-298 Park Ave Newark
Located at the bustling intersection of Park Ave and N 16th in East Orange, this commercial property presents a lucrative opportunity for investors and developers alike. Comprising two adjacent lots at 50 Park Ave and 44 Park Ave (13400 sqft), this corner lot boasts high visibility and exposure, making it an ideal spot for a range of businesses. Currently operating as an automobile repair shop.Zoned as Commercial 4A, versatile usage options: retail, office space, service-oriented. Situated at a prominent intersection, the property benefits from heavy foot and vehicle traffic, ensuring maximum exposure for any business venture. Development Potential: In addition to its current use, the property holds significant development potential. With plans in progress to obtain a residential permit for a 16-unit building, investors have the opportunity to capitalize on the burgeoning demand for housing in the area. The corner lot configuration offers maximum visibility and accessibility, making it an attractive location for businesses seeking to establish a strong presence in the community. #Buyer is responsible for conducting their own due diligence about zoning & development. Don't miss out on this exceptional opportunity to invest in a prime commercial property.
Nestled in the heart of Rutherford's vibrant downtown business district, our dance studio is a sanctuary where passion meets artistry. Just steps away from the Williams Center where we have hosted several recitals, this is not just a place to dance - it's a place to inspire and be inspired, surrounded by conveniences including ample street parking & nearby public garage. Our studio is a dream for dancers: high ceilings & mirrored walls with private areas for one-on-one instruction. Every corner is designed to elevate your dance experience, from ballet to breakdance & jazz to hip-hop. With long-term leases available & state-of-the-art facilities including brand new bathrooms & generous storage spaces, we offer a stable & inviting environment. Our studio is a community hub that has hosted numerous memorable performances, each adding to the rich tapestry of our collective dance journey. Join us & transform your dance dreams into reality. Let's create, perform, and inspire together.
Updated office building located in vibrant business district, surrounded by shops and restaurants. Fully occupied, well maintained building with front and rear entrances. Offices are adjacent to large town parking lot. One block to the Walnut St Train Station, easy commute it NYC. History of long-term tenants. New roof. Just completed renovation of complete second floor.
Great Investment Opportunity!!This building consist of 8 units with 6 one bedroom and 2 commercial spaces. the rents are as follow: Apartment1 $850; Apartment 2 $1,000; Apartment 3 $850; Apartment 4 $1,000; Apartment 5,$1,500; Apartment 6 $900; store(1) $1,500; Store(2) $3,000.
Calling all food enthusiasts! Own your slice of culinary paradise with this restaurant business for sale. From savory sensations to sweet profits, this opportunity serves up a recipe for success. Seize the spatula and savor the taste of entrepreneurship today!!
