$ 2,999,999
324 3RD ST Jc Downtown, NJ 07302
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$ 2,999,999
Est. payment | /mo
5 Baths
$ 2,999,999
Est. payment | /mo
5 Baths
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 230020915
Full Baths 4
Half Baths 2
Annual Tax Amount $17,396
Lot Dimensions 22X95
Property Description
Distinguished Opportunity: The Barge Inn - Restaurant, Bar, and Four Apartment Units Presenting an iconic opportunity to acquire not just one, but two well-established and highly successful businesses – The Barge Inn, a renowned restaurant and bar, along with four accompanying apartment units. This corner property, strategically positioned just off Newark Avenue, has proudly served as a neighborhood cornerstone for over five decades. Encompassing the full footprint of the lot, this property offers a myriad of possibilities for investors and entrepreneurs alike. Ideally located in proximity to Newark Avenue's pedestrian plaza and restaurant row, this establishment has been a consistent presence in the community. The Grove Street PATH features four apartments, each thoughtfully designed for modern living. Unit 1 comprises a one-bedroom with a bonus room and one bath, while Units 2 and 3 offer two bedrooms and one bath each. Unit 4 is a well-appointed one-bedroom with one bath. Alongside the residential units, the property includes a thriving restaurant and bar, both contributing to the allure of this investment. Currently, the owner is in the process of developing plans for a strategic redevelopment, presenting a substantial opportunity for new development in this prime location. The entire building, including the restaurant, bar, and apartments, can be delivered vacant, offering a clean slate for visionary projects. Explore the immense potential of this distinguished property – an iconic establishment poised for a new chapter of success. For further details or to discuss this unparalleled opportunity, kindly contact us at your earliest convenience.
Location
State NJ
County Hudson
Area Jc Downtown
Listed by KELLER WILLIAMS CITY VIEWS
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "