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29445703
29445704

512 Paterson Plank Rd, Jersey City, NJ 07307

NK
NJ 1862990
Keller Williams City Views
BE
NJ NJ 0893523
KW Commercial
Listed by Keller Williams City Views, KW Commercial
$3,699,999
132 days on market
Updated 69 days ago

JC Heights | Turnkey Restaurant-Bar | Rooftop

Details
Property Type Retail
Sub Type Restaurant
Square Footage 10,000
Net Rentable (SqFt) 10,000
Units 1
Cap Rate 7.7%
NOI $285,000
Tenancy Single
Lease Type NNN
Price per SqFt $370
Class C
Year Built 2018
Year Renovated 2024
Buildings 1
Stories 3
Zoning C
Investment Type Core+
Occupancy Date 01/31/2026
Ownership Fee Simple

JC Heights | Turnkey Restaurant-Bar | Rooftop

Marketing description

Introducing 512 Paterson Plank Rd, a premier retail opportunity in Jersey City, NJ. This impeccably maintained 10,000 SF free- standing building, constructed in 2020, offers three units and is currently 100% occupied. Zoned R-1, it presents a compelling investment in the thriving Northern NJ area. Boasting modern amenities and prime visibility, this property is an ideal choice for retail investors seeking a high-performing asset with guaranteed occupancy. Don't miss this chance to secure a prime piece of commercial real estate with solid returns.

Investment highlights

  • Jersey City Hospitality Hub – 3 Floors, Rooftop, Bar & Liquor License

  • 10,000 SF across four fully built-out stories plus a rooftop lounge/dining area

  • Includes turnkey restaurant/bar with active liquor license

  • Population: +/- 302,000 people (as of 2024) in Jersey City

Listing Contacts

NK
NJ 1862990
Keller Williams City Views
BE
NJ NJ 0893523
KW Commercial
Listed by Keller Williams City Views, KW Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$285,000.00
$23,750.00/mo

Valuation Metrics

0
DSCR
7.7%
Cap Rate
7.7%
ROI

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Additional Information

Name
Nadine Khalil
License
1862990
Brokerage
KW Commercial
Title
Commercial Sales Associate
Brokerage Address
2200 Fletcher Avenue
Name
Bruce Elia
License
NJ 0893523
Brokerage
Keller Williams City Views
Title
Managing Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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