Mixed-Use Corner
1 Hoboken Rd East Rutherford, NJ 07073
1 Hoboken Rd, East Rutherford, NJ, 07073
Contact for pricing
For Sale
Contact for pricing
Pending
Includes a fully renovated restaurant, multiple leased units, and additional vacant space within a corner mixed-use building.
Property Size18,000 SF
Days on Market101
Property Features for 1 Hoboken Rd
General Information
- Standard status
- Pending
- Size
- 18,000 SF
- Property subtype
- Retail, Multifamily, Office, Mixed Use
Listing agency
Skyline Real Estate Partners
Listed by
Jon Cohen · License #10371201993
Source
Crexi
Added: Apr 12 Updated: Jul 21 at 5:45AM Checked: Jul 21 at 5:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Skyline Real Estate Partners
Investment Insights
Based on property information with market context.
This mixed-use building totals 18,000+/- square feet and is configured with multiple income-producing units plus vacancy. Unit 1 is a 10,000 sf restaurant space that was fully renovated in 2018 and is currently owned and operated by the seller. Unit 2 is 2,600 sf leased to Rutherford Appliance Center. Unit 3 is 1,200 sf leased to Red Kettle Coffee House. Unit 4 is 1,500 sf and is currently vacant (previous rent was $2,500/mo with 3% annual increases). Unit 5 is 1,200–1,500 sf, formerly a dentist office, and is currently vacant and being marketed by a leasing broker. The property also includes an apartment (2 bed, 1 bath) with rent currently in finishing lease negotiations for $1,750/mo.
Located on the corner of Route 17 and Paterson Plank Road.
Leasing and rent terms reported in the listing include Unit 2 at $5,000/mo with 3% annual increases (lease term 4/1/19–3/31/24, with a 1–5 year renewal option), and Unit 3 at $2,334/mo with 3% annual increases (lease term 4/1/19–3/31/21, with a 1–5 year renewal option). Unit 1 could be leased for $20/sf or sold, with leasing options being explored.
Located on the corner of Route 17 and Paterson Plank Road.
Leasing and rent terms reported in the listing include Unit 2 at $5,000/mo with 3% annual increases (lease term 4/1/19–3/31/24, with a 1–5 year renewal option), and Unit 3 at $2,334/mo with 3% annual increases (lease term 4/1/19–3/31/21, with a 1–5 year renewal option). Unit 1 could be leased for $20/sf or sold, with leasing options being explored.
Key Highlights
- Corner mixed‑use building with 18,000+/- SF total on Route 17 and Paterson Plank Road
- 10,000 SF restaurant fully renovated in 2018; currently owned and operated by the seller
- Restaurant unit could be leased for $20/SF or sold; seller is working on leasing options
Property Analytics
Location Intelligence
Current Use by Public Records
Al Di La ...
Bar & Pub
Dominick's Restaurant & Bar ...
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- Flaming Grill & Supreme Buffet — 53 NJ-17, East Rutherford, NJ 07073
FAQs
What type of property is this?
Conventional restaurant - Includes a fully renovated restaurant, multiple leased units, and additional vacant space within a corner mixed-use building.
Where is this conventional restaurant located?
The property is located at 1 Hoboken Rd East Rutherford, NJ.
What are key features of this property?
This property features: Corner mixed‑use building with 18,000+/- SF total on Route 17 and Paterson Plank Road; 10,000 SF restaurant fully renovated in 2018; currently owned and operated by the seller; Restaurant unit could be leased for $20/SF or sold; seller is working on leasing options
