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Off Market
1/8

2658 Highway 516
Old Bridge, NJ 08857


OVERVIEW

Grillestone Restaurant • Bar • Private Event Space is a 6100 sq. ft. food service establishment situated on 1.93 acres in Old Bridge Township, Middlesex county. Situated on a major thoroughfare connecting Route 9 and Route 18, the restaurant benefits from a traffic count of approximately 27,500 cars daily and proximity to major shopping center and local offices. The private parking lot has 93 spaces and new LED flood lights.   The facility, fully built out and remodeled in 2017, seats 180 guests inside with an additional 120 guests on decorative paver outdoor patio with fire pit and private event space for roughly 50 guests. The large bar seats approximately 20 guests. Newly installed 24 tap draft beer line system with new glycol machine and dedicated draft beer walk-in box. New rubberized kitchen floor. Roof was fully replaced 2015. New 45 ton HVAC system. Fully integrated A/V system. The back of house features a state of the art kitchen with full walk-in refrigerator and dedicated walk-in freezer.   The restaurant has been fully operational since 2017 and currently boasts strong food and beverage sales with additional deposits and bookings for private events.   Sale includes a “33” liquor license. Sale includes all FF&E. Sale would include trade name, all marketing material, print, website and social media content if buyer desires.

FOR SALE DETAILS

PRICE

-

CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

6100

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

93

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

15-09000-0000-00014