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Renovated 2023 Bar & Karaoke Space
For Lease
$3,200/Mo

541 Union Avenue, Paterson, NJ 07522

Renovated 2023 mixed-use building with a centrally cooled first-floor bar and karaoke setup without a liquor license.

Days on Market150

Property Features for 541 Union Avenue

General Information

Standard status Active
Property subtype Retail

Building Details

Year Renovated 2023
Listing Agency: Century 21 JR Gold Team Realty, LLC
Listed By: Johnny Rojas · License #0017014
Source: Tarvinrealtors
Added: Mar 4 Changed: Jul 31 Last Checked: Jul 31 at 7:46AM

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.

A totally renovated 2023 mixed-use building offering a first-floor bar and karaoke concept with sports programming. The space is described as a rental without a liquor license and includes central air and a full unfinished basement with a 1/2 bath.

The bar build-out includes brand new refrigeration equipment and bar support equipment, including 2 glass door back bar coolers, a bottle cooler, an ICE machine, a 3-compartment sink plus an additional sink, and 2 ice bins with 7 circuit boards. Additional features include a glass rack, a glass washer machine, and a 2-soda gun system connected to the ice bin, along with an additional standing freezer (apartment). Interior finishes and presentation details include a granite countertop, crown molding, LED lighting, and recessed ceiling lighting with hardwood flooring.

The entertainment and connectivity package is extensive, with 2 JBL in-ceiling speakers, a SONOS system, 13 Samsung Smart TVs, and fully wired Ethernet cabling for every Smart TV, plus HDMI wiring for every Smart TV. The setup also includes an HDMI switch and HDMI splitter, an EPSON projector with a 120' electric screen, and a digital LED display for the front window. The unit is described as fully wired with HDMI and Ethernet for the TVs and presentation systems.

Key Highlights

  • Totally renovated 2023 mixed‑use building with a bar and karaoke setup
  • First‑floor operation described as rental with out liquor lic
  • Central air and full unfinished basement with a 1/2 bath

Property Analytics

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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,001
Businesses Nearby
38k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 50% Dining 32% Home Improvements & Furnishings 19%
Dunkin' Donuts Dining
12,218 visits/mo 0.2 miles
7-Eleven Shops & Services
9,102 visits/mo 0.4 miles
Union 5 & 10 Inc. Home Improvements & Furnishings
7,068 visits/mo 0.4 miles
AutoZone Shops & Services
6,303 visits/mo 0.5 miles
Corner Store Shops & Services
3,123 visits/mo 0.3 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

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
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Similar Off Market Nearby

  • LENA Y CARBON BROASTER — 21 Mill St Ste1, Paterson, NJ 07501
  • Cassanova's Bar & Lounge — 176 Union Ave, Paterson, NJ 07502
  • La Fuente Bar — 43 Ellison St # A, Paterson, NJ 07501
  • CASANOVA'S — 176 Union Ave, Paterson, NJ 07502
  • Casa Montego — 194-196 union ave, paterson, nj 07502

Frequently Asked Questions

What type of property is this?
Bar & Pub - Renovated 2023 mixed-use building with a centrally cooled first-floor bar and karaoke setup without a liquor license.
Where is this bar & pub located?
The property is located at 541 Union Avenue Paterson, NJ.
What is the lease rate?
The lease rate is $3,200 /Mo.
What are key features of this property?
This property features: Totally renovated 2023 mixed‑use building with a bar and karaoke setup; First‑floor operation described as rental with out liquor lic; Central air and full unfinished basement with a 1/2 bath
More about this property
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