Turnkey Restaurant Opportunity in
946 Broad Street Newark, NJ 07102
946 Broad Street, Newark, NJ, 07102
Contact for pricing
For Sale
Contact for pricing
Fully equipped restaurant for sale in downtown Newark.
Property Size2,447 SF
Price / SF$163.47
Days on Market59
Property Features for 946 Broad Street
General Information
- Standard status
- Active
- Size
- 2,447 SF
- Property subtype
- Retail, Business for Sale
Listing Agency
Keller Williams Town Life
Listed by
Domingo Ming Severino · License #1859221
Source
Crexi
Added: May 21 Checked: Jul 15 at 8:48 pm
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
Similar For Sale Nearby
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.
