1103 Rt-35 S - Bar FOR SALE


South Amboy, NJ 08879
$999,000 USD
732-673-3436
1103 Rt-35 S, South Amboy, NJ for Sale
$999,000 USD
Bar - FOR SALE
1/5
null | Request Cap Rate

1103 Rt-35 S
South Amboy, NJ 08879


HIGHLIGHTS

  • Highly visible, solid, free-standing building with 300’ highway frontage.
  • 25 year history as gentlemen’s club.
  • Completely turnkey operation – recently renovated.
  • Valuable liquor license included – solid $400K value.
  • Approved (and recently affirmed) GoGo approval as permitted use.
  • Currently female owned & operated.

OVERVIEW

Sweethearts Cabaret & Gentlemen’s Club represents a unique acquisition opportunity in central New Jersey. This longstanding, fully licensed adult-use venue is offered as a turnkey asset sale, inclusive of real estate, a highly valuable Class C Plenary Consumption License, and all operating equipment. Positioned along the high-traffic Route 35 corridor in Old Bridge Township, the property delivers exceptional visibility with 300 feet of highway frontage and exposure to over 30,000 vehicles daily. The venue provides 3,204 square feet of purpose-built space featuring professional sound and lighting systems, integrated DJ booth, centralized stage, VIP seating areas, and a fully equipped commercial kitchen with walk-in refrigeration. Extensive modernization and upgrades have been completed, eliminating deferred maintenance and optimizing operational performance for incoming ownership. This acquisition includes a rare, grandfathered zoning approval for go-go use, creating a significant barrier to entry and enhancing investment security. Located just 25 miles from Manhattan, the property benefits from strong commuter connectivity via the Garden State Parkway and NJ Turnpike, ensuring consistent regional draw. Offered at $999,000, this transaction reflects considerable tangible value relative to license and real property components, supporting immediate equity upside.

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$287 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

19,914 SF

ZONING

ER

APN/PARCEL ID

15-00024-0000-01100

ASK ABOUT THIS PROPERTY

Robert GillisBielat Santore & CompanyMore Info
732-673-3436

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Robert GillisBielat Santore & CompanyMore Info
732-673-3436

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.