Penny Lane Realtors
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Prime Commercial Property in Cranford, NJ - Your Business's Next Home. This commercial building boasts all the amenities your business needs to thrive. This property offers convenience and functionality; A great opportunity to establish or expand your business in a highly desirable location.Key Features:- New 40-gallon electric hot water heater ensures consistent hot water supply for your business needs.- Two bathrooms provide convenience for employees and customers alike.- Two offices offer comfortable workspaces for management and staff.- The shop area features a robust 200 amp electric service & a 400 amp, 3-phase, 240-volt electric service to accommodate heavy-duty machinery and equipment, supporting diverse business needs.- The first-floor office is equipped with air conditioning for comfort during warmer months, along with a dedicated 100 amp electric service.- Double door entrance to the shop facilitates easy movement of goods and equipment.- Three storage containers on the premises provide ample storage space for inventory and supplies.- A 4ft attic fan helps maintain optimal airflow and ventilation throughout the building.- Abundant storage space on the second floor ensures efficient organization of goods and equipment.- Security cameras and wiring are included, enhancing the safety and security of your property.- A substantial 1" water line ensures reliable water supply for your business operations.- New roof 2019 (not flat)
Unique Mixed-Use Income Generating Investment Opportunity, perfectly situated in a high traffic area. Property offers two newly renovated two bedroom residential units on the second floor. First Floor currently leased to a Liquor Store and separate Convenience Store (Bodega). Great Opportunity to own a piece of prime real estate.
Calling all investors!! Spacious rooming house in the heart of New Brunswick, offering 18 rooms available fore residents. This property can take a facelift to suit buyer. It features ample living space, individual rooms for privacy and shared common areas for socializing. Impressive oversized 3 car garage boasting ample space for parking and storage, this garage offers enough room to comfortably accommodate three vehicles while still providing extra space for tools, equipment and recreational gear. New Roof and framing on 3rd floor was done in Sept 2021, providing peace of mind for years to come. Located in a convenient location with easy access to amenities and transportation, this property presents an excellent investment opportunity for those looking to enter the rental market or expand their portfolio. Don't miss out on the chance to own this lucrative income generating asset in a thriving community!
Class A rooming house, 1sr floor has 2 offices, 2nd floor 5 furnished rooms, and 3rd floor has 1 bedroom apartment. All rentals have no leases. Monthly rents of $4,080 excluding one office. Easy access to the PATH train and buses.
Wonderful Historically Designated Mixed Use Building In The Heart Of The Coveted Town Of Cranford. Located Across From The Cranford Train Station & Surrounded By Great Restaurants & Retail Stores. First Floor Retail Space (Currently A Barber Shop), & Two Spacious Apartments Above. Finished Basement W/Separate Entrance For Potential Office/Storage Space (Ideal As Extra Space For The Main Retail/Service Area). A Great Investment Opportunity!! (Adjacent Parking Lot With 21 Spaces MAY Be Available For An Additional Cost).
Great opportunity to own over 10,000 square feet of wharehouse in the ironbound commercial Industrial area minutes from Port Newark, EWR, 1&9, turnpike, 78 and rt 21.NEGOTIABLE
Exciting Turnkey Restaurant/Cafeteria in Newark's Ironbound SectionAttention hard working entrepreneurs! Here's your chance to dive into an amazing opportunity in Newark's bustling Ironbound Section " a fully-equipped restaurant/cafeteria ready for your touch of success.Highlights:Prime Location: Situated in the heart of the lively Ironbound Section, this spot attracts a diverse crowd with its cultural richness and foot traffic.Ready to Roll: Walk into a fully-equipped space with top-notch kitchen gear and inviting furnishings " no need to start from scratch.Smooth Transition: Operational systems are in place, and there's a loyal customer base waiting for you. Take over hassle-free and start making your mark.Endless Possibilities: Whether you want to continue the current theme or try something new, the sky's the limit for success.Secure Lease: Enjoy peace of mind with a lengthy and transferable lease, giving you stability as you grow.Why This Opportunity?Gateway to Growth: Expand your existing business or start fresh with a solid foundation in the Ironbound Section's bustling marketCommunity Connection: Connect with locals who appreciate authenticity and quality " become a beloved part of the neighborhood.Strategic Advantage: With a prime location and fully-equipped setup, stand out from the competition and make your mark in Newark.Don't miss out on this opportunity. Dive into Newark's Ironbound Section and turn your passion into profit today!
Shopping center for sale! Total of 17,000 SQ FT building, 41 Parking spaces, 9 stores, fully rented with long term leases all tenant on the triple net lease. Built in 2010, current tenants Dunkin. Dunkin Donuts, Spa, Laundromat, BBQ, Butcher, Grocery Store, and others. tenants pay all operating expenses & property taxes on top of rents Year net income $523,000.
This is an opportunity to open your dream restaurant everything included in the sale, located in the crown jewel of Newark, includes 2 apartments above, this is a highly desirable location with all modern dinning interior design from top to bottom, featuring a complete inventory list of tops of a line kitchen/restaurant equipment. Title work, title floors, high ceilings, and plentiful overhead lighting, indoor and outdoor seating area combination, outdoor bar with a feeling of tropical atmosphere Great accessibility to RT 1&9, 78, 21, and turnpike!!!!!!!!!!! to be sold as a package MLS3875415 and 3875420 and MLS 3875427
Approved 66 unit project and retail space. Plans on file. The owner has the construction drawings complete. Current use is 3 commercial units plus 2 apartments with parking in the rear. The property is ready for permitting. The owner is willing to lease 7000 sqft of commercial land with parking for $20 per sqft, it can also be divided.
Approved for 24 units in the Ironbound. Ground floor parking garage with 24 spaces. Fifteen 1-bedroom plus office apartments and nine 2-bedroom apartments. Site plan available upon request. Full construction drawings and permits not included. Property currently contains four 25x100 warehouses that are rented with month-to-month tenants. UST have been removed and the site is clean.
Introducing an unparalleled investment opportunity: a fully operational restaurant bar that stands as the epitome of profitability and potential. This property isn't just another venue; it's a lucrative business venture waiting to be seized. Immerse yourself in a world of endless possibilities as this establishment comes fully equipped and in impeccable condition. From the moment you step through the doors, you'll realize the immense potential for success that awaits you. This property stands out because it includes a coveted liquor license, boosting revenue potential from day one. Beyond just a bar, it offers multiple revenue streams with two studio apartments and two full apartments providing rental income opportunities or accommodations for staff members. Additionally, a dedicated banquet area caters to large groups and special events, ensuring a steady stream of patrons year-round. Ample storage space in the walk-in basement and freezers allows efficient inventory management. Entertainment areas on both floors elevate the guest experience, with a DJ booth on each floor for live music events or private functions. This turnkey opportunity promises prosperity, eliminating the hassle of starting from scratch and positioning you for success in the bustling restaurant and bar industry. Seize the moment and transform your entrepreneurial dreams into reality.
3 LEVEL COMMERCIAL - Industrial Warehouse - w/ Loading Doc "Newarks's Original Farmers Market" The Orignal Location of Newark Crab House. Needs improvements and being SOLD AS-IS. Current tenant is leaving and will empty the 3 levels.
This 5-unit building combines residential and commercial space. The 4 residential units offer rental income, while the bar/restaurant offers the possibility of running your own business or rent it out for a significant increase on your rental income.
This is a great investment opportunity to own a mix-used building with high ROI in a nice neighborhood in Newark, NJ. The building was constructed in 2009 by current owner with a restaurant on first floor and three apartments (Studio, 1-bedroom, 2-bedroom) on second floor. The restaurant just signed a 10 year lease, providing carryout and dine-in services. Apartments are newly painted and are rented now. Close to schools, hospital, parks, and airport. Easy access to major highways. Financial statements are available upon request.
Large Deep Garage - Near Rt 21 - High Ceilings - Lots of Storage space - 1/2 Bath and Small Office/Closet. Can fit 4 Vans inside. - No Heat - Electric Only
Diamond in the rough: Large, open, multi-level office building with glass conference room & parking. Very walkable neighborhood.Bright, storefront, corner lot in neighborhood core business corridor. 4,708 sf. building on 0.168 AC parcel. Convenient to GSP, Rt. 22 & I-78. Highly visible, bright corner location. Enormous branding opportunity hiding in plain site. Zoned: Neighborhood core, business Retail. Ideal for general business, medical, law, accountant's office, wellness, gym, architects studio, creative space, childcare (sunny outdoor space.) Kitchenette in basement. 4 entry/exit points. 6 parking spaces adjacent plus easy street parking. 82,471 daytime employees within 3 miles. Amazon-proof retail neighbors. Half-mile from Five Points commerce hub. Traffic count: 16,000 cars/day. Close to employers, business district, transportation hubs, medical center & Kean University. This space is larger than it appears from the outside. Four separate working areas. Excellent for multi-discipline professional office GROUPS -- wellness (laser, massage, skin care, IV treatments...), medical (radiologist, cardiologist, ENT, family practitioner); financial teams (financial planner, insurance broker, estate attorney, business attorney...); mental health (therapists, psychologists, wellness coaches, substance abuse counselors; accounting groups (tax, business, bookkeeping, financial planning...); Real Estate Groups (brokers/agents, mortgage broker, title, appraisers, contractors...)
Welcome to the magnificent place of worship, a double lot and a single family home for sale. This grand establishment boasts a pulpit, a stage, a well-equipped kitchen, a convenient pantry, and dressing rooms. The property's soaring ceilings create an awe-inspiring atmosphere, and the basement adds an extra layer of wonder. Prepare to be amazed by the expansive basement space, which matches the size of the main building and features remarkably high ceilings. Within this vast area, you will find numerous rooms awaiting your creative vision. On the main floor, you'll discover three bathroom stalls, while the basement presents three stalls and an additional single bathroom, ensuring ample facilities for all visitors. This property is being sold together with a double lot and a four bedroom, 1 and a half single family home with an attach garage and a beautiful front yard. All three spans from 331-345 MEEKER AVENUE, and is comprised of four lots (BLOCK: 3576; LOTS: 18, 20, 22, 24), spanning the full city block from Jelliff Ave., up to Peshine Ave. Properties need some work. Strictly SOLD AS IS
1,700 SF warehouse with 18 foot high ceilings, front garage door entrance and rear roll up door plus private office and bathroom. Zoned C-2. Currently operating as an auto body repair shop. Tenant is on a M-M lease. Well located within close proximity to 78, NJ Turnpike, 1-9 and Newark Liberty International Airport. Also for sale MLS #3889502 - adjacent lot behind building - vacant land located at 261-263 Sherman Ave.
Prime Commercial Opportunity! This spacious property at 66 Wilson Ave offers versatile options for investors and entrepreneurs alike. This property presents an ideal setting for a range of businesses. Situated in a bustling area of Newark, it enjoys high visibility and convenient access to major transportation routes. Don't miss out on this chance to make your mark in the heart of Newark's thriving commercial scene!
4,400 sq. ft. Income producing Commercial Property in a prime location in Hillside! The 4 separate units are all currently occupied and generating approx $7,000 in monthly rent. Tenants pay all utilities. Furnace and water heaters in each unit are just under 6 years old. Located near major highways, other businesses and residential neighborhoods making it a great investment for years to come!
Welcome to Opportunity! Over 4,000 SF. of prime space! Bay Harbor Plaza. Located in a NJ prime growth market, at the corner of Brick Blvd/Hooper Ave, the main corridor between Brick-Toms River. Spanish Potato Grill Is a well-established Spanish Portuguese cuisine restaurant. One of its kind in the surrounding areas. Extremely well equipped, no leases, all included. This fine dining restaurant is ready for you to take over & continue w/ a successful business for many years to come. Included is a truck wrapped in the business colors, for catering service. Great for a franchise location! True turn-key business, start earning from day one! Some of the business in the Plaza are: Stop & Shop, Burlington Coat Factory, M & T Bank, Bank of America, Starbucks & others. Plenty of parking!
Location, Location, Location, Corner building on one of the most desired areas of the Ironbound by Independence Park (Park dos mosquitos) Van Buren with Walnut St. In addition to a desired corner location, the building was been tastefully and completely renovated in 2014, 9 ft ceilings, all brand new, central ac/heat, Internet/phone/ cable ready, alarm system and cameras. 1st floor holds a bakery, 2 & 3rd floors have a large 3 bedrooms, 2 baths apartments w/ hardwood floors, granite counter tops and much more. Finished basement with full bath. very LOW TAXES. All separate utilities.
This mixed-use property in the IRONBOUND section of Newark presents a FANTASTIC OPPORTUNITY for those looking to start their own business or invest in a rental property. It consists of two separate residential houses and one commercial unit currently operating as a restaurant and bakery. One of the houses consists of 2 large updated bedrooms and 2 bathrooms, while the other has 3 bedrooms and 1 bathroom. Both houses feature beautiful hardwood floors throughout, updated kitchens, central AC, in-unit laundry, parking, and a basement. The property is fully leased with great tenants. It is located in a mixed district business and residential area, just one block away from Route 21 and a 5-10 minute drive to Newark airport. Additionally, it is within walking distance of Newark Penn Station, making it a must-see property. PLEASE DO NOT DISTURB THE TENANTS.
