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Undisclosed Monmouth County, NJ 00000

For Sale
$8,000,000

Profitable Restaurant & Banquet Facility

Property size:
16,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
362
Exceptional investment opportunity in Monmouth County, New Jersey, presents a thriving banquet hall and restaurant complex. This turnkey operation encompasses two buildings, each approximately 8,000-9,000 square feet, situated on over three acres of land. The property boasts a combined total of 16,000-18,000 square feet and includes over 100 parking spaces, ensuring ample accommodation for patrons. Building A generates a monthly rental income exceeding $16,000, while Building B houses the successful banquet hall. The banquet hall itself features a versatile layout, including a formal dining room, a spacious ballroom perfect for large events, an upstairs party room ideal for smaller gatherings, and an expansive outdoor area capable of hosting 80-100 guests. The sale includes a valuable liquor license, adding significant value to this already impressive offering. The property is currently 100% occupied with a multi-tenant lease structure, with two tenants and a remaining lease term of two years. The asking price for this exceptional property is $8,000,000. This is a gross lease. The sale includes both the real estate and the established businesses. Serious inquiries only. Further details are available upon execution of a non-disclosure agreement and submission of proof of funds or pre-approval.

Property Features for 0 Undisclosed

General Information

Property type
Wedding venues
Square Feet
16,000 SF

Building Details

Buildings
2

HighLights

  • $8,000,000 asking price for a retail property.
  • Multi‑tenant property with two tenants, currently 100% occupied.
  • Gross lease, with two years remaining on the lease.
  • Approximately 16,000‑18,000 square feet across two buildings.
  • 111 parking spaces.
  • Includes a liquor license.
Property Profile Location Intelligence

Current Use by Public Records

Wedding venues

Map

City
Monmouth County
County
Monmouth
State
New Jersey

FAQs

What type of property is this?
Wedding venue - Profitable Restaurant & Banquet Facility
Where is this wedding venue located?
The property is located at Undisclosed Monmouth County, NJ.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: $8,000,000 asking price for a retail property.; Multi-tenant property with two tenants, currently 100% occupied.; Gross lease, with two years remaining on the lease.
More about this property
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