Bayonne, NJ 07002 · Investment · For Sale · MLS 260011922
53 Prospect Ave
$1,500,000
Investment
Use
2
Units
0
Parking spaces
37
Days Listed
About this property
Exceptional Investment Opportunity – Established Bar/Restaurant Business & Mixed-Use Property. This unparalleled investment opportunity combines a thriving, 72-year-old family-owned and operated bar/restaurant business with ownership of a highly desirable mixed-use commercial building. Ideally located directly across from the busy 22nd Street Light Rail Station, this is a rare chance to acquire one of Bayonne's true legacy establishments. Offered for sale for the first time in decades, Kuhl's Tavern has long served as a community gathering place, welcoming generations of patrons for great food, drinks, and camaraderie. A true neighborhood destination, the property enjoys exceptional visibility and benefits from substantial pedestrian and vehicular traffic along the highly traveled 22nd Street Midtown corridor. The location is further enhanced by the presence of more than 1,000 newly built luxury apartment units in the surrounding area, providing a strong and growing customer base. The sale includes: • The established, turnkey family-owned restaurant and tavern business • All commercial-grade kitchen, bar, and operating equipment • A Class C Consumption Liquor License • The corner mixed-use building • A spacious 1,100-square-foot, three-bedroom residential apartment generating rental income. Whether you're an investor, developer, entrepreneur, or restaurateur, this is a unique
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationBayonne, NJ 07002
MLS #260011922
Space
Units2
Stories2
Site & exposure
Parking spaces0
Investment
Annual taxes$11,667
Mixed useYes
Zoning & permitted use
Zoning and permitted-use codes are not published in the MLS IDX feed, so this page does not state one. Before you sign a lease or a contract, permitted use has to be confirmed with the Bayonne zoning office. Andrew Diaz can pull the full broker file and work that question through with you.
Location
Questions about this property
What is the asking price for 53 Prospect Ave?
The asking price is $1,500,000.
What is 53 Prospect Ave zoned for?
Zoning is not published in the MLS IDX feed, so this page does not state one. The listing describes the property as Investment, but permitted use must be confirmed with the Bayonne zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.
How do I tour 53 Prospect Ave?
Call or text Andrew Diaz at (551) 235-3473. He can arrange a walkthrough, pull the full broker file, and represent you through the purchase.
