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Off Market
1/15

555 Preakness Ave
Totowa, NJ 07502


HIGHLIGHTS


OVERVIEW

Star Real Estate Agency is pleased to present the sale of a brand new construction catering/banquet hall; 'The View' located at 555 Preakness Avenue in the wonderful town of Totowa NJ. This venue will feature spacious dining rooms perfect for weddings, bridal showers, baby showers, Bar/Bat Mitzvahs, Christenings, birthday parties and much much more! Guests can enjoy the beautiful outdoor grounds along with the breathtaking views from the featured roof top banquet area. Sale includes liquor license, 2.25 acres of land, 48,000 SF of usable floor space (capacity to accommodate 550 people) and first floor restaurant that can be operated daily for additional income. All plans have been approved by the Township of Totowa, NJ. Venue is under construction; Seller wishes to sell property completely AS IS with approved plans and liquor license.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

"The View"; New Construction Banquet/Catering

PROPERTY TYPE

Office

ADD'L SUBTYPES

Bar, Freestanding, Loft/Creative Space

TOTAL BUILDING SIZE

48000

STORIES

7

BUILDING CLASS

A

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

2.25 AC AC

LAND SF

98,010 SF

ZONING

-

APN/PARCEL ID

12-00006-0000-00002-01