About 101 Paterson Street
4200 Sf free standing building W/ private parking. Rent rolling $12,000/month on triple net lease tenants cover taxes...current tenants are paying well below fair market rent. Current owners own Liquor license that could also be purchased separate of the property. Currently a BUSY fully-built out in excellent condition restaurant with private upstairs party room, 50 seating bar, fully built out commercial kitchen & bar, indoor & outdoor seating. In the heart of new brunswick between RWJUH, the court houses, parking deck & train. Optimal location!!! This is for the building only and not the business that currently occupies. Tenants happy to stay& are currently on a month to month lease. Would sign a long term lease. Restaurant equipment owned by property owner would stay.
Features of 101 Paterson Street
| MLS® # | 22623991 |
|---|---|
| Price | $2,000,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,186 |
| Acres | 0.13 |
| Year Built | 1907 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Style | Other, Restaurant |
| Status | Active |
Community Information
| Address | 101 Paterson Street |
|---|---|
| Area | New Brunswick (NWB) |
| City | New Brunswick |
| County | Middlesex |
| State | NJ |
| Zip Code | 08901 |
Amenities
| Parking Spaces | 10 |
|---|---|
| Parking | Off Site, On Site, Parking Lot, Paver Block |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Other |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Agent | Amanda Cruz |
|---|---|
| Office | Signature Realty NJ |