527-529 William St - Restaurant FOR SALE


East Orange, NJ 07017
$1,650,000 USD
917-696-0802
527-529 William St, East Orange, NJ for Sale
$1,650,000 USD
Restaurant - FOR SALE
1/18
null | Request Cap Rate

NEW


527-529 William St
East Orange, NJ 07017


HIGHLIGHTS

  • Turnkey Hospitality Setup – three bars, DJ booth, VIP room, and full commercial kitchen
  • Liquor License Available (additional purchase option)
  • Outdoor Patio/Event Space for seating or private functions
  • High Visibility Location – 107 ft frontage on busy William Street
  • Ample Infrastructure – four HVAC units, six bathrooms, multiple exits
  • Redevelopment Potential – 0.18-acre lot in East Orange’s Transit Village District

OVERVIEW

For Sale East Orange Restaurant/Bar w/ Liquor License + Redevelopment Potential Asking Price: $1,650,000 (Liquor License Available Separately for $160,000) Rare opportunity to acquire a 7,532 SF two-story commercial building in the heart of East Orange’s thriving business and residential district. Positioned on a 0.18-acre lot along a high-traffic corridor and surrounded by multiple high-rise apartment buildings, this property benefits from excellent visibility and a built-in customer base. The building is fully equipped and currently configured for hospitality use, featuring: -Three separate bars across two floors -Six bathrooms -Outdoor space for seating or events -Commercial kitchen with grill and rotisserie area -One walk-in cooler and three refrigerator/freezers -DJ booth and VIP room -Office space for management -Four HVAC units -Four separate exits A liquor license is available with the property for an additional $160,000, creating a turnkey opportunity for restaurant, bar, or nightclub operators. Located in the T-R4 Zone (Transit Village District and Residential 4), the property allows for a wide variety of uses, including multi-family dwellings, offices, schools, day care centers, houses of worship (with restrictions), and public facilities. The site may also be purchased for redevelopment, offering strong upside potential in a rapidly growing, transit-oriented area. 527 William Street presents an exceptional opportunity for investors, developers, or operators seeking a high-visibility property in one of East Orange’s most dynamic corridors.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$219 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Turnkey Restaurant/Bar or Redevelopment Site

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

T-R4 Zone

APN/PARCEL ID

05-00540-0000-00033

ASK ABOUT THIS PROPERTY

Cheryl DarmaninKW CommercialMore Info
917-696-0802

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Cheryl DarmaninKW CommercialMore Info
917-696-0802

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