Ground-Floor Mixed-Use
For Sale
$2,500,000
302 George St, New Brunswick, NJ 08901
Occupied pub and liquor store operating under a lease scheduled to continue through 2029.
Property Size3,800 SF
Price / SF$657.89
Days on Market49
Property Features for 302 George St
General Information
Standard status
Active
Size
3,800 SF
Building Details
Year Built
2007
Listing Agency:
WEICHERT CO REALTORS
(732) 688-0174
Listed By:
MICHAEL P. SATCHELL
Source:
Mynewjerseyrealestate
Added: Jul 13
Changed: Aug 29
Last Checked: Aug 25 at 5:13AM
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 WEICHERT CO REALTORS
Investment Insights
Based on property information with market context.
This 3,800-square-foot ground-floor mixed-use property is occupied by an operating pub and liquor store. The offering consists of the leasehold interest rather than fee-simple ownership, with improvements constructed in 2007.
The asset is positioned along George Street and benefits from daily traffic and ongoing street exposure. The underlying ground lease runs for 99 years, is currently in Year 23, and is scheduled to expire on December 3, 2102. An additional 99-year renewal option is available.
The purchaser will assume lease obligations covering taxes, insurance, and maintenance. Transfer may require landowner review and approval, and financing availability should be confirmed with prospective lenders. The full lease document and its terms are available upon request.
The asset is positioned along George Street and benefits from daily traffic and ongoing street exposure. The underlying ground lease runs for 99 years, is currently in Year 23, and is scheduled to expire on December 3, 2102. An additional 99-year renewal option is available.
The purchaser will assume lease obligations covering taxes, insurance, and maintenance. Transfer may require landowner review and approval, and financing availability should be confirmed with prospective lenders. The full lease document and its terms are available upon request.
Key Highlights
- 3,800‑square‑foot ground‑floor mixed‑use property
- Operating pub and liquor store in place under a lease through 2029
- Leasehold interest sale; fee‑simple ownership is excluded
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,439
Businesses Nearby
60k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Shops & Services 23%
Groceries 22%
Electronics 10%
Starbucks
Dining
15,804 visits/mo
0.5 miles
honeygrow
Dining
11,102 visits/mo
0.5 miles
Bravo Supermarkets
Groceries
9,494 visits/mo
0.2 miles
Exxon
Shops & Services
6,923 visits/mo
0.4 miles
TD Bank
Shops & Services
6,645 visits/mo
0.1 miles
Demographics for 08901, NJ
56,278
Population
17,071
Households
3.3
Avg Household Size
27
Median Age
24%
College-Educated
66%
High-School Grad
6.3 sq mi
ZIP Area
8,933
Density / Sq Mi
$60,248
Median Household Income
$25,192
Median Earnings
$1,790
Median Rent
$316,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Occupied pub and liquor store operating under a lease scheduled to continue through 2029.
Where is this mixed-use property located?
The property is located at 302 George St New Brunswick, NJ.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 3,800‑square‑foot ground‑floor mixed‑use property; Operating pub and liquor store in place under a lease through 2029; Leasehold interest sale; fee‑simple ownership is excluded
