Restaurant with Outdoor
For Sale
Contact for pricing
Pending
346 Grove St, Jersey City, NJ 07303
Existing restaurant includes a fully equipped kitchen, basement storage, and outdoor seating.
Property SizeContact for details
Days on Market142
Property Features for 346 Grove St
General Information
Standard status
Pending
Property subtype
Retail, Business for Sale
Restaurant
Patio
Yes
Equipment Included
Yes
Additional Details
Floor
Ground + Basement
Business Included
Yes
Listing Agency:
Prominent Properties Sotheby's International Realty
(201) 551-1211
Listed By:
Nader Rezai · License #NJ 0457120
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 9:26AM
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 Prominent Properties Sotheby's International Realty
Investment Insights
Based on property information with market context.
The property is an operating Italian restaurant with a street-level area of 1,338 square feet, a 1,287-square-foot basement, and a 1,175-square-foot backyard, totaling 3,800 square feet. The layout includes seating for 60+ patrons, outdoor seating, a full-height dry basement, and a fully equipped kitchen with a brick oven, walk-in cooler, steam table, 7 refrigerators, and central A/C.
Located at 346 Grove St in downtown Jersey City, the restaurant is one block from the Grove St PATH station and Newark Pedestrian Plaza. The site benefits from stated street and pedestrian traffic, while more than 1,000 new residences are planned within 0.1 mile. An assumable long-term lease is also in place.
Located at 346 Grove St in downtown Jersey City, the restaurant is one block from the Grove St PATH station and Newark Pedestrian Plaza. The site benefits from stated street and pedestrian traffic, while more than 1,000 new residences are planned within 0.1 mile. An assumable long-term lease is also in place.
Key Highlights
- 3,800 square feet total: 1,338‑square‑foot street level, 1,287‑square‑foot basement, and 1,175‑square‑foot backyard
- Fully equipped kitchen with brick oven, walk‑in cooler, steam table, 7 refrigerators, and central A/C
- Interior seating for 60+ patrons plus outdoor seating
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
7,263
Businesses Nearby
342k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 41%
Groceries 23%
Superstores 22%
Shops & Services 5%
Macy's
Apparel
96,654 visits/mo
0.4 miles
BJ's Wholesale Club
Superstores
76,178 visits/mo
0.2 miles
ShopRite
Groceries
66,970 visits/mo
0.1 miles
JCPenney
Apparel
37,894 visits/mo
0.3 miles
Shake Shack
Dining
12,047 visits/mo
0.2 miles
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing restaurant includes a fully equipped kitchen, basement storage, and outdoor seating.
Where is this conventional restaurant located?
The property is located at 346 Grove St Jersey City, NJ.
What are key features of this property?
This property features: 3,800 square feet total: 1,338‑square‑foot street level, 1,287‑square‑foot basement, and 1,175‑square‑foot backyard; Fully equipped kitchen with brick oven, walk‑in cooler, steam table, 7 refrigerators, and central A/C; Interior seating for 60+ patrons plus outdoor seating
