Description
68-76 Wilson Ave Newark NJ presents a tremendous opportunity for a restauranteur/entrepreneur to lease/operate/own a very lucrative businesses in the Heart of the Ironbound Section of Newark. Situated at the crossroads of Lafayette St and Wilson Ave, this strategic location is a magnet for both locals and visitors. Boasting a vibrant and diverse community, rich cultural heritage, renowned dining scene, and convenient access to major transportation hubs, it offers an unmatched experience for all. Currently, this vacant mixed-use property boasts a full-scale commercial restaurant on the first floor and offers customers the option of indoor and outdoor seating and a spacious 1"2-bedroom apartment upstairs. The combination of commercial and residential spaces offers versatile options for various investment strategies. In addition, the site holds tremendous potential for further development. This expansion potential adds significant value and flexibility to the investment. Located in what is often referred to as the crown jewel of Newark, this highly desirable location presents an ideal opportunity for restaurateurs/entrepreneurs and developers looking to make their mark in a thriving neighborhood. With its promising combination of existing amenities, development potential, and a strong community backdrop, this property offers an exceptional chance to capitalize on the growth and success of this bustling area.
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0BEDS
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0.15ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
68-76 Wilson Ave Newark NJ presents a tremendous opportunity for a restauranteur/entrepreneur to lease/operate/own a very lucrative businesses in the Heart of the Ironbound Section of Newark. Situated at the crossroads of Lafayette St and Wilson Ave, this strategic location is a magnet for both locals and visitors. Boasting a vibrant and diverse community, rich cultural heritage, renowned dining scene, and convenient access to major transportation hubs, it offers an unmatched experience for all. Currently, this vacant mixed-use property boasts a full-scale commercial restaurant on the first floor and offers customers the option of indoor and outdoor seating and a spacious 1"2-bedroom apartment upstairs. The combination of commercial and residential spaces offers versatile options for various investment strategies. In addition, the site holds tremendous potential for further development. This expansion potential adds significant value and flexibility to the investment. Located in what is often referred to as the crown jewel of Newark, this highly desirable location presents an ideal opportunity for restaurateurs/entrepreneurs and developers looking to make their mark in a thriving neighborhood. With its promising combination of existing amenities, development potential, and a strong community backdrop, this property offers an exceptional chance to capitalize on the growth and success of this bustling area.
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Data last updated 2023-12-02T23:46:17.893.