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717 New Point Rd Elizabeth, NJ 07201

Sponsored
For Sale
$1,990,000

Established Nightclub, Liquor License Included

Property size:
13,000 SF

Description

Added:
Feb 3, 2025
Days on Market:
341
This exceptional 13,000 square foot commercial property located at 717 New Point Road, Elizabeth, NJ, presents a unique investment opportunity. Currently operating as Club Cubano de Elizabeth since 1978, this well-established nightclub boasts a rich history and significant potential for continued success. The sale includes a valuable liquor license, a significant asset for any prospective buyer. The property underwent a major remodel in 1979 and a substantial expansion in 1988, adding key features such as a new kitchen, two bathrooms, two smaller private rooms, additional storage areas, a second-floor bar, and a partially finished basement. The roof has been fixed. The building is equipped with central air conditioning units and forced-air heating. All kitchen equipment, including an ice machine and beer coolers, is in working order. Further enhancing its appeal, the property includes a recently added outdoor bar and lounge area, providing ample space for patrons. Ample parking is available, accommodating 20 or more vehicles. The sale is "as-is." This turnkey operation offers immediate income potential and significant upside for a savvy investor looking to capitalize on a thriving nightlife scene. The property's size and established clientele base make it an attractive proposition for both experienced operators and new entrants to the market. Don't miss this chance to acquire a well-established and profitable business.

Property Features for 717 New Point Rd

General Information

Property type
Other commercial real estate
Square Feet
13,000 SF

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Gym & Fitness Food Market

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Elizabeth
County
Union
State
New Jersey
Longitude
-74.20102
Latitude
40.65931

FAQs

What type of property is this?
Commercial real estate - Established Nightclub, Liquor License Included
Where is this commercial real estate located?
The property is located at 717 New Point Rd Elizabeth, NJ.
What is the asking price?
The asking price for this property is $1,990,000.
More about this property
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