JC, Downtown, New Jersey NJ 07302
Price: $499,000
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Listing ID: 220003157
Status: ACTIVE
Total Baths: 1 Bath

Popular Chinese restaurant located in the business district of Grove St. Only 2 mins walk from the Grove path station. Close to the main business district of JC downtown. The revenue is about 140k each month and it is under 10 years lease ( 2018-03-01 to 2028-02-28), 6 years and 6 months left. The monthly rent now is $5429.65, and there is a 5% increase each year. The building has two floors. The first floor is about 1000 sqft, and the basement is about the same size. Now there are 5 employees working in the restaurant.

Primary Features

Area: JC, Downtown
Items Included: kitchen and furniture.
Items Excluded: personal belongings.

Interior Features

Size (SqFt): 2000

External Features

Location Information

Between: Grove St and Marine BLVD

Financial Details

Lease Assignable: yes
Lease Attached: no
Lease Term: 10 years
Property Income: 1,680,000
Sale/Rent: For Sale
Tax ID: 2058


Charge: yes
Property Included: no

Zoning Info

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Listing courtesy of ALPHA METRO REALTY CORP (201) 800-4955. Data last updated: Thursday, May 26th, 2022 02:02:23 PM.

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