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    2258 Morris Ave Union, NJ 07083

    Sponsored
    For Lease
    Contact for pricing

    Prime Union location, 4,294 sq ft bar space.

    Lot size:
    4,294 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 4,294 square foot bar space is available for lease at 2258 Morris Avenue in Union, New Jersey. Located in Union County, this single-tenant property offers a significant opportunity for a discerning restaurateur or bar owner. The building sits on a 0.383-acre lot and provides ample parking with 23 spaces for patrons and staff. The entire building is currently vacant, presenting a blank canvas for a complete and customized build-out. The property is classified as both retail and restaurant space, making it suitable for a variety of concepts. Its prime location in Union offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong business growth. The property's size and parking capacity make it ideal for a bustling establishment. This is a rare opportunity to secure a substantial and well-situated property in a thriving New Jersey market. The address is 2258 Morris Avenue, Union, NJ 07083. The property is ready for immediate occupancy. Serious inquiries only.

    Property Features for 2258 Morris Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,294 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    4,294 SF

    HighLights

    • Excellent location with nearby national tenants including TD Bank, Mr. Tire, 7‑Eleven, CVS, and Aldi.
    • Property available for lease or sale.
    • On‑site liquor license included.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Union
    County
    Union
    State
    New Jersey
    Longitude
    -74.2812485
    Latitude
    40.6987785

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    FAQs

    What type of property is this?
    Restaurant - Prime Union location, 4,294 sq ft bar space.
    Where is this restaurant located?
    The property is located at 2258 Morris Ave Union, NJ.
    What are key features of this property?
    This property features: Excellent location with nearby national tenants including TD Bank, Mr. Tire, 7-Eleven, CVS, and Aldi.; Property available for lease or sale.; On-site liquor license included.
    Request Owner's contact information
    2258 Morris Ave Union, NJ 07083
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    Union, NJ 07083
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2258 Morris Ave Union, NJ 07083
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