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614-616 Broadway Bayonne, NJ 07002

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For Sale
$2,900,000

Mixed-use property with restaurant, apartments, and business potential.

Property Features for 614-616 Broadway

General Information

Standard status
Active

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Listing Contact
Medhat Dewaik
Source: Corcoran

Listing Agent: Medhat Dewaik

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Bayonne Mixed-Use Investment Opportunity

Located in the business district of Bayonne, this property presents a golden investment opportunity. The package deal includes five residential units, comprising four one-bedroom units and one two-bedroom unit, along with a commercial space. The building is approximately 3,500 square feet, with an additional basement. The commercial space currently houses a fully equipped restaurant that has been family-operated for 43 years. The restaurant seats approximately 110 people and features a banquet room with seating for approximately 75 people. A full bar and liquor license are included. The property offers an excellent opportunity for an owner/user, with additional income potential from the residential units. It is a corner property with four parking spaces. The commercial space generates a gross income of $269,800 yearly, not including the business. The property includes commercial space, residential units, and a restaurant.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Restaurants

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Bayonne
County
Hudson
State
New Jersey
Longitude
-74.1146094
Latitude
40.6679336

FAQs

What type of property is this?
Restaurant - Mixed-use property with restaurant, apartments, and business potential.
Where is this restaurant located?
The property is located at 614-616 Broadway Bayonne, NJ.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: - Package deal: 5 residential units (4 1BR, 1 2BR) and a commercial space.; - High-income commercial space: Gross income of $269,800 yearly (not including the business).; - Fully equipped restaurant with seating for 110, plus a banquet room for 75.
More about this property
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