Turnkey Restaurant Opportunity in
946 Broad Street, Newark, NJ 07102
Fully equipped restaurant for sale in downtown Newark.
Type:Retail, Business for Sale
Property size:
2,447 SFPrice / SF:
$163/SF- Added:
- May 21, 2026
- Days on Market:
- 12
- Last Refresh:
- May 21 at 7:30 am
Property Features for 946 Broad Street
General Information
- Standard status
- Active
- Size
- 2,447 SF
- Property subtype
- Retail, Business for Sale
Listing agent Domingo Ming Severino License #1859221
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
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.
- Currently operating as a successful breakfast and lunch concept with approximately $600,000 in annual gross sales.
- Significant growth potential through expanded hours, weekend service, delivery platforms, and corporate catering.
- Features approximately 2,447 square feet including a spacious basement, indoor seating for 30, and a private outdoor courtyard.
Overview
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.
Location Intelligence
Current Use by Public Records
Brick city market
Restaurant
The Chicken Brothers
Restaurant
Similar Places Nearby
- Pages Restaurant On the Mall — 150 Halsey St, Newark, NJ 07102
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Essex
- State
- New Jersey
- Longitude
- -74.1744598
- Latitude
- 40.7310482
Nearby Similar for Sale
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.
