378 George St - Retail FOR SALE


New Brunswick, NJ 08901- Downtown New Brunswick
$2,600,000 USD
732-382-0200
378 George St, New Brunswick, NJ for Sale
$2,600,000 USD
Retail - FOR SALE
1/77
null | 6.54% Cap Rate

378 George St
New Brunswick, NJ 08901
Downtown New Brunswick


OVERVIEW

Rare Mixed-Use Opportunity in the Heart of New Brunswick! Positioned on vibrant George Street, this fully leased, income-producing mixed-use property presents a unique opportunity for investors. The beautifully renovated two-level restaurant space is currently leased to the popular Casa Ragazzi, offering strong street presence, steady cash flow, and a built-in tenant in one of the area’s most walkable and high-traffic locations. Above the commercial space are three well-maintained residential units. The spacious first-floor apartment features 4 bedrooms, 1 full bath, and 2 half baths, while the third floor includes two separate 2-bedroom units—all currently leased. Just steps from Rutgers University, public transportation, and downtown amenities, this 6,800 sqft. property offers a highly desirable investment profile with separate utilities, updated systems, and a reliable rent roll. Whether you're looking to expand your portfolio or secure a prime location with built-in income, this New Brunswick asset delivers.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$325 USD /SF

CAP RATE

6.54%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,269 SF

ZONING

C-4

APN/PARCEL ID

13-00015-0000-00019

ASK ABOUT THIS PROPERTY

Piotr SudaleXp RealtyMore Info
732-382-0200

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Piotr SudaleXp RealtyMore Info
732-382-0200

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