Penny Lane Realtors
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Retail market downstairs has lease until March 2025, offices upstairs are month to month and can be delivered vacant.
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!
9 Unit Apartment Building, Great Investment Opportunity, Located in the Heart of the Ironbound 1/2 Block from Ferry Street, Nine(9) 2 Bedroom Units, All Units with 1 Full Bathroom, Separate Utilities, Minutes Away from Newark Penn Station and Harrison PATH Station. Property being sold "AS IS"
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!
Awesome mixed-use property located near shopping stores, mass transit, and highways with long-term tenants and in great condition.
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.
Great investment opportunity inn the Ironbound. Four apartments and two stores on Ferry Street. Blocks for Newark Penn Station. All apartments are two bedroom, 1 bath. Commercal units include an electronics store and postal service center. All tenants on Leases and in good standing. Central air and heat. Separate utilities paid by the tenants.
Whether you're an experienced restaurateur looking to expand your portfolio or someone with a passion for the culinary arts seeking to fulfill their dream, this pizzeria offers an incredible opportunity to take the reins of a time-tested, profitable venture. Over 20 years of a well-established and a successful operation, this pizzeria has stood the test of time, building a loyal customer base and a sterling reputation for its delicious, handcrafted pizzas. Situated in a bustling area with high foot traffic, it enjoys excellent visibility and accessibility, ensuring a steady stream of customers. The secret to its success lies in its time-honored recipes, featuring the finest ingredients, homemade sauces, and a variety of toppings to suit every palate. In addition to its iconic pizzas, the menu includes a range of appetizers, pasta dishes, and specialty subs, providing options for every diner. The pizzeria boasts a warm and inviting atmosphere with ample seating for dine-in customers, creating a welcoming space for gatherings and events. The kitchen is equipped with high-quality ovens, prep stations, and all the necessary tools to maintain efficiency in food preparation.
INTRODUCING A RARE 7 UNITS INVESTMENT OPPORTUNITY IN THE IRONBOUND SECTION OF NEWARK. SEPARETE UTILITIES IIN THE BUILDING . A MUST ABSOLUTE SSE! LOCATION NEAR PENN STATION AND ALL MAJOR HIGHWAYS, SCHOOLS AND SHOPPING CENTERS.
5,602 sqft lot Zoned C-H (Highway Commercial) on Route 46 East! Currently occupied by Used Car Lot as a month to month tenant. High traffic volume, prime location, 70' frontage.
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.
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
This property consists of 1 retail space on first floor- currently a salon with 6 stations, 2 bathrooms and central air.2nd floor has 4 office suites with a shared bathroom in the corridor. Currently 2 vacant and 2 occupied.3rd floor needs renovation- 2 rooms and a bathroom with plenty of storage space. There are 10 parking spaces in the rear - Perfect investment property.*** Current rents are significantly under market rate but all are on a month to month basis.
Introducing a rare investment opportunity in the Ironbound Section of Newark located at the corner of Jefferson St & Walnut St. sitting on an 8000 sqft lot. This location allows for a 6 Fl building with the potential for 8 luxury apartments per floor and retail stores, & parking on the ground floor with convenient access to parking from Walnut and Jefferson Streets.This awesome location is near PENN Station and a short ride to NYC, houses of worship, shopping stores, bars and restaurants, Independence Park, Mass Transit on Walnut Street, and much more.
MODERN AND CLEAN BUILDING APPROX 1420 SQ FEET WHICH CONSISTS OF OFFICE SPACE AS WELL AS AN AREA FOR STORAGE OR LIGHT MANUFACTURING. GREAT SPACE FOR A CONTRACTOR. THE BACK YARD SPACE HAS ROOM FOR ABOUT 10 VEHICLES AS WELL AS CONSTRUCTION SUPPLIES. BE THE FIRST TO SEE THIS COMMERCIAL SPACE WITH A GREAT LOCATION AND ACCESS TO MAJOR HIGHWAYS.
6 APARTMENTS WITH FULL FINISHED BASEMENT AND PARKING FOR 5 CARS COMMON DRIVEWAY ( subject to seller finding another property)
Totally renovated established medical aesthetics business for sale. Includes State of the art medical enhancement machines/equipment. The owner will train estheticians and will stay on 1-2 days a week to service her clientele. A designated massage room. This is a turn key operation.
On-going restaurant for 22 years, great location in the heart of Nutley center. Municipal parking behind store, all equipment included with newer walk-in freezer in basement.
Nestled in the heart of Nutley, NJ, a remarkable opportunity awaits in the form of a turnkey medical practice condo. Situated within a prominent medical building on Franklin Ave, this space offers convenience and accessibility. Boasting a spacious waiting room, four exam rooms, administrative quarters, a private doctor's office, and parking, it's an ideal setting for medical professionals looking to establish or expand their practice. With all equipment included, transitioning couldn't be smoother. Whether you're a seasoned practitioner or a budding entrepreneur, this centrally located gem promises not just a space, but a platform for healing and growth
FULLY renovated Restaurant & Building for sale In Nutley NJ! Sale includes a stand-alone building, furnished restaurant and ALL the equipment. Located in the heart of Franklin Avenues downtown shopping district that hosts an abundance of walking traffic. 3,700sf+- building, 18 tables, 58 Seats, 2 Pizza ovens, Full Kitchen with equipment, 200sf walk-in fridge, basement for additional storage that houses the laundry machines and soda dispenser plus an additional 890sf walk-up attic for office and storage which includes another full bathroom. There is also a 2-story structure outside of the kitchen for more storage. EVERYTHING included in the sale. Fully renovated less then 1-year ago. Sale includes the operating business. Owner is willing to stay on for a limited time to train a new operator.
Recently renovated mixed use property available. Ground floor is 3100 sq.ft. of office / warehouse space with bathroom. Second floor is a 800 sq.ft., three bedroom, 1 bathroom apartment. Warehouse space has a 10' wide 12 ' high overhead door for easy loading / unloading. Separate utilities for the warehouse and apartment. Partial unfinished basement serves as mechanical room and extra storage. Fully Leased with NOI of $55,698
2250 sf block building with high ceilings on nice sized lot Zoned R4 (Residential transitional). Previously light industrial, zoning was changed while property was operating as a place of worship under a variance. Being sold as is.
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.
