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Turnkey Restaurant Opportunity in Newark

946 Broad Street Newark, NJ 07102

946 Broad Street, Newark, NJ, 07102
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For Sale
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Fully equipped restaurant for sale in downtown Newark.

Property Size2,447 SF
Price / SF$163.47
AddedMay 21
Days on Market57
Last RefreshJul 15 at 8:48 pm

Property Features for 946 Broad Street

General Information

Standard status
Active
Size
2,447 SF
Property subtype
Retail, Business for Sale

Listing office Keller Williams Town Life

Listing date May 21, 2026

Source Crexi

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 Keller Williams Town Life


Investment Insights

Based on property information with market context.

Located in downtown Newark on Broad Street, Brick City Market is a fast-casual restaurant opportunity. The 2,447 square foot space includes a basement for prep and storage, and seating for approximately 30 guests. A private outdoor courtyard features signature mural branding. The commercial kitchen is fully equipped with fryers, commercial grills, convection ovens, walk-in refrigeration, espresso and coffee systems, prep stations, and exhaust hood systems. Clover POS systems are included. The restaurant currently operates as a breakfast and lunch concept with reported annual gross sales of approximately $600,000. With approximately 14 years remaining on the lease at a below-market rent of $5,700 per month including water, this opportunity provides long-term stability and immediate cash flow potential. The current operation only runs Monday through Friday from 7 AM to 4 PM, leaving significant upside through expanded evening hours, weekend service, delivery platforms, and corporate catering. The location benefits from foot traffic from commuters, professionals, students, and government employees. The property is surrounded by transportation hubs, universities, government buildings, luxury residential developments, and downtown redevelopment projects. This is a hospitality concept with expansion potential.

Key Highlights

  • Turnkey fast‑casual restaurant in prime downtown Newark location with high foot traffic.
  • Approximately 14 years remaining on a below‑market lease of $5,700 per month including water.
  • Fully equipped commercial kitchen, furniture, fixtures, equipment, POS systems, signage, and branding are included.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Brick city market Restaurant The Chicken Brothers Restaurant

Suggested Use

Veterinary Clinic (Bike/Boat/Book/etc) Store Nursing Home Pet Grooming Service Nursing Home Locksmith Buffet Pet Store & Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

Similar Off Market Nearby

  • Pages Restaurant On the Mall — 150 Halsey St, Newark, NJ 07102

FAQs

What type of property is this?
Conventional restaurant - Fully equipped restaurant for sale in downtown Newark.
Where is this conventional restaurant located?
The property is located at 946 Broad Street Newark, NJ.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Turnkey fast‑casual restaurant in prime downtown Newark location with high foot traffic.; Approximately 14 years remaining on a below‑market lease of $5,700 per month including water.; Fully equipped commercial kitchen, furniture, fixtures, equipment, POS systems, signage, and branding are included.
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