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Off Market
1/10

12 Coles St
Jersey City, NJ 07302


HIGHLIGHTS

  • High visibility area with heavy foot traffic
  • Expansive bar seating area
  • Open layout with very high ceilings
  • Detached building affording ample natural light
  • Additional dining area can be used for private parties
  • Large outdoor patio

OVERVIEW

PLEASE READ ENTIRE NOTES: THIS IS A KEY MONEY SALE OF THE BUSINESS **THE REMAINDER OF THIS LEASE TERM IS PART OF A KEY MONEY SALE** Key money: $1,595,000 Included in sale: Remainder of 11 year lease term, liquor license, all inventory, kitchen buildout, Gringo's food truck Very popular, happy hour booming, turn-key restaurant for sale in booming downtown Jersey City! This 4-years-young neighborhood staple has become the go-to for outdoor dining, family gathering & some of the best happy hour cocktails the city has to offer. Seating for 82 just outside, as well as additional outdoor seating afforded by the city for 2020, & seating for 108 indoors. Included in sale is the remainder of the 11yr lease term, C/33 liquor license, Gringo's food truck, all inventory. Kitchen buildout is the first in the space & in pristine condition. Do not miss this opportunity to take over a truly unique restaurant & space! I can be reached directly at 917.378.3522 (m) and tjack@weichert.com

FOR LEASE DETAILS

PRICE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

GRINGO'S

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

2850

STORIES

1

YEAR BUILT

2016

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

06-12702-0000-00007