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Renovated Mixed-Use Bar Building
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For Sale
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541 Union Avenue #2, Paterson, NJ 07522

Two-level property combines an operating bar and karaoke venue with an upstairs apartment and unfinished basement space.

Property SizeContact for details
Days on Market3

Property Features for 541 Union Avenue #2

General Information

Standard status Active
Property subtype Commercial

Restaurant

Equipment Included Yes
Liquor License No

Additional Details

Furnished Yes

Building Details

Year Renovated 2023
Buildings 1
Listing Agency: Century 21 JR Gold Team Realty, LLC
Listed By: Johnny Rojas · License #0017014
Source: Capmarkrealty
Added: Sep 8 Changed: Sep 9 Last Checked: Sep 10 at 5:31AM

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 Century 21 JR Gold Team Realty, LLC

Investment Insights

Based on property information with market context.

Located at 541 Union Avenue, #2, in Paterson, this mixed-use building was renovated in 2023. The first floor contains the EL CUBETAZO BAR & KARAOKE & SPORTS venue, with a finished bar area, granite countertop, crown molding, LED and recessed lighting, hardwood flooring, and furnishings including bar stools, tables, chairs, and leather couches. The sale excludes the liquor license.

The second floor includes two bedrooms, a combined living room and kitchen, a full bathroom, and central air. The building also has a full unfinished basement with a half bathroom. Food-and-beverage improvements include brand-new refrigeration equipment, two glass-door back-bar coolers, a bottle cooler, ice machine, sinks, ice bins, a glass rack, glasswasher, soda gun system, and an additional standing freezer.

Entertainment and connectivity features include 13 Samsung Smart TVs, Ethernet and HDMI wiring, an HDMI switch and splitter, an Epson projector with a 120-foot electric screen, JBL speakers, in-ceiling speakers, and a Sonos system.

Key Highlights

  • Renovated in 2023 with hardwood flooring, granite countertop, crown molding, LED lighting, and recessed ceiling lights
  • First floor includes EL CUBETAZO BAR & KARAOKE & SPORTS venue; sale excludes liquor license
  • Second floor has 2 bedrooms, combined living room and kitchen, full bathroom, and central air

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Catering Service Nursing Home Veterinary Clinic Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,353
Businesses Nearby
84k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 52% Dining 37% Home Improvements & Furnishings 8% Electronics 2%
Dollar Tree Shops & Services
17,775 visits/mo 0.5 miles
Family Dollar Shops & Services
12,242 visits/mo 0.4 miles
Dunkin' Donuts Dining
10,207 visits/mo 0.4 miles
Checkers Dining
8,796 visits/mo 0.0 miles
Burger King Dining
7,341 visits/mo 0.4 miles

Demographics for 07522, NJ

23,345
Population
7,440
Households
3.1
Avg Household Size
31
Median Age
10%
College-Educated
77%
High-School Grad
0.9 sq mi
ZIP Area
25,939
Density / Sq Mi
$48,002
Median Household Income
$31,997
Median Earnings
$1,458
Median Rent
$264,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level property combines an operating bar and karaoke venue with an upstairs apartment and unfinished basement space.
Where is this mixed-use property located?
The property is located at 541 Union Avenue #2 Paterson, NJ.
What are key features of this property?
This property features: Renovated in 2023 with hardwood flooring, granite countertop, crown molding, LED lighting, and recessed ceiling lights; First floor includes EL CUBETAZO BAR & KARAOKE & SPORTS venue; sale excludes liquor license; Second floor has 2 bedrooms, combined living room and kitchen, full bathroom, and central air
More about this property
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