Mixed-Use Building with Bar and
For Lease
$525,000
541 Union Avenue 2, Paterson, NJ 07522
A two-level layout pairs a first-floor bar and entertainment space with a two-bedroom apartment above.
Space SizeContact for details
Days on Market258
Property Features for 541 Union Avenue 2
General Information
Standard status
Active
Property subtype
Retail
Space & Availability
Floor
1
Space Use
Bar/Pub
Taxes and HOA fees
Annual Taxes
$10,000
Building Details
Year Renovated
2023
Listing Agency:
Century 21 JR Gold Team Realty, LLC
Listed By:
Johnny Rojas · License #0017014
(201) 913-4438
Source:
Tkregroupinc
Added: Feb 18
Changed: Nov 1
Last Checked: Nov 1 at 4:12PM
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
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Investment Insights
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The property combines a first-floor bar and entertainment venue with a two-bedroom apartment on the second level. The apartment includes a combined living room and kitchen, a full bathroom, central air conditioning, and an additional standing freezer. An unfinished basement provides further space and has a half bathroom. The building underwent a renovation in 2023.
Bar equipment includes refrigeration, back-bar coolers, a bottle cooler, an ice machine, sinks, ice bins, a glasswasher, and a two-gun soda system. The interior also features a granite counter, bar stools, tables, chairs, leather couches, hardwood flooring, crown molding, and LED and recessed lighting. Entertainment and technology features include JBL and in-ceiling speakers, a SONOS system, 13 Samsung Smart TVs, Ethernet and HDMI wiring, switching equipment, and an Epson projector with an electric screen.
Bar equipment includes refrigeration, back-bar coolers, a bottle cooler, an ice machine, sinks, ice bins, a glasswasher, and a two-gun soda system. The interior also features a granite counter, bar stools, tables, chairs, leather couches, hardwood flooring, crown molding, and LED and recessed lighting. Entertainment and technology features include JBL and in-ceiling speakers, a SONOS system, 13 Samsung Smart TVs, Ethernet and HDMI wiring, switching equipment, and an Epson projector with an electric screen.
Key Highlights
- Renovated in 2023
- First‑floor bar and entertainment venue with a two‑bedroom apartment above
- Apartment includes central air, a full bathroom, and a combined living room and kitchen
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,353
Businesses Nearby
84k
Monthly Visits Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A two-level layout pairs a first-floor bar and entertainment space with a two-bedroom apartment above.
Where is this mixed-use property located?
The property is located at 541 Union Avenue 2 Paterson, NJ.
What is the lease rate?
The lease rate is $525,000.
What are key features of this property?
This property features: Renovated in 2023; First‑floor bar and entertainment venue with a two‑bedroom apartment above; Apartment includes central air, a full bathroom, and a combined living room and kitchen
