101 Paterson Street, New Brunswick, NJ 08901

$2,000,000

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List Price
$2,000,000
Status
ACTIVE
Type
Commercial
MLS#
22623991
Region
New Brunswick (NWB)
Year Built
1907

Property Description

4200 Sf free standing building W/ private parking. Rent rolling $12,000/month on triple net lease tenants cover taxes...current tenants are paying well below fair market rent. Current owners own Liquor license that could also be purchased separate of the property. Currently a BUSY fully-built out in excellent condition restaurant with private upstairs party room, 50 seating bar, fully built out commercial kitchen & bar, indoor & outdoor seating. In the heart of new brunswick between RWJUH, the court houses, parking deck & train. Optimal location!!! This is for the building only and not the business that currently occupies. Tenants happy to stay& are currently on a month to month lease. Would sign a long term lease. Restaurant equipment owned by property owner would stay.

Additional Information

Acres
0.13
Taxes
$27,700
Subtype
Commercial
Year Built
1907
Heat Ac
Other
Parking Driveway
Off Site, Paved, On Site, Parking Lot
Fireplaces
2009
Stories
2
Electric
Other - See Remarks
Parking Spaces
10
Parking Spaces
10

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Calculator source: Real Geeks

Listing courtesy of Signature Realty NJ. Contact: