614-616 Broadway - Restaurant FOR SALE


Bayonne, NJ 07002- Constable Hook
$2,300,000 USD
202-858-3000
614-616 Broadway, Bayonne, NJ for Sale
$2,300,000 USD
Restaurant - FOR SALE
1/38
null | Request Cap Rate

614-616 Broadway
Bayonne, NJ 07002
Constable Hook


OVERVIEW

We are proud to present a rare and exceptional opportunity to own a true Bayonne landmark — the long-established Rincon De España restaurant and the mixed-use building it has called home since 1982. This package deal includes both the fully operational, turnkey restaurant and the income-generating building it occupies, located just off Broadway in the heart of Bayonne’s bustling commercial corridor. Rincon De España has been a beloved staple of the community for over four decades, known for its authentic Spanish cuisine, warm hospitality, and deep local roots. The sale includes the full restaurant operation, complete with equipment, furnishings, a valuable liquor license and decades of brand recognition — offering a seamless transition for restaurateurs, investors, or anyone looking to carry on this legacy business. The restaurant offers seating for 180 guests in the main dining rooms and 24 additional seats in the bar area, making it ideal for both casual dining and large gatherings. The building itself is equally impressive, featuring six total units: the restaurant on the ground floor and five residential apartments above — three one-bedroom units and two two-bedroom units. All apartments are fully leased, providing consistent monthly income, and each unit has separate utilities. In addition, the property includes 4 dedicated parking spaces in the rear — a valuable asset in this vibrant and growing part of town. Bayonne is experiencing continued revitalization, with commercial and residential demand on the rise. Whether you are an investor seeking a unique mixed-use asset, a restaurateur looking to expand into an up and coming market, or an entrepreneur envisioning your next big move, this property offers a compelling blend of stability, upside, and legacy. Opportunities like this — combining real estate, an operating business, and community heritage — are truly one of a kind. Don’t miss the chance to own a piece of Bayonne’s past, present, and future. This is more than a building, it's a business, a brand, and a community fixture.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$371 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

CBD

APN/PARCEL ID

01-00168-0000-00051-01

ASK ABOUT THIS PROPERTY

JOSE PINEIROBerkshire Hathaway McGeehan & Pineiro Real EstateMore Info
202-858-3000

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JOSE PINEIROBerkshire Hathaway McGeehan & Pineiro Real EstateMore Info
202-858-3000

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