154 Chestnut Ave - Restaurant FOR SALE


Jersey City, NJ 07306- Journal Square
$1,350,000 USD
267-463-5995
154 Chestnut Ave, Jersey City, NJ for Sale
$1,350,000 USD
Restaurant - FOR SALE
1/49
null | 8.67% Cap Rate

154 Chestnut Ave
Jersey City, NJ 07306
Journal Square


HIGHLIGHTS

  • Already set up as a fast food restaurant
  • Make additional income on the residential rentals

OVERVIEW

This property boasts a versatile multi-unit mixed layout, featuring spacious 2-to-3-bedroom configurations with bright, open-concept living spaces and stunning, sought-after views of the NYC skyline. The deep 109-foot lot provides excellent outdoor potential, while the frame construction features robust utilities including multi-zone gas heating. Located just 3 blocks from the Journal Square PATH station, your tenants will enjoy a seamless commuter experience into lower and midtown Manhattan. this property promises high rental demand and strong long-term appreciation. Bring your vision and capitalize on the booming Jersey City market today! Seize the opportunity to position your business in one of Jersey City's most rapidly expanding neighborhoods! Located at 154 Chestnut Ave, this highly visible, ground-floor commercial space is perfectly outfitted for a premier restaurant, café, or retail concept. Positioned just 3 to 4 blocks from the bustling Journal Square PATH station, the location guarantees heavy, built-in foot traffic from NYC commuters and local residents alike. The space has been thoughtfully modernized and features brand-new, electrical systems, fully updated plumbing, and separate utilities—saving you massive upfront capital and construction delays. Boasting a clean, versatile layout with excellent street frontage and large windows, this property offers the ultimate canvas to build or scale your brand. Don't miss out on securing a foothold in Jersey City's premier commercial hub. Schedule your private walkthrough today!

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$266 USD /SF

CAP RATE

8.67%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1918

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,231 SF

ZONING

Commercial

APN/PARCEL ID

06-09706-0000-00002

ASK ABOUT THIS PROPERTY

Trish GessweinHouwzer Inc.More Info
267-463-5995

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

Trish GessweinHouwzer Inc.More Info
267-463-5995

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