Bayonne, NJ 07002 · Investment · For Sale · MLS 260002893
614-616 Broadway
$2,300,000
Investment
Use
6
Units
4
Parking spaces
155
Days Listed
About this property
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 on 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 an additional 24 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 thi
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationBayonne, NJ 07002
MLS #260002893
Space
Units6
Site & exposure
Parking spaces4
Investment
Annual taxes$29,853
Est. gross income$148,200
Est. operating expense$49,901
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 614-616 Broadway?
The asking price is $2,300,000.
What is 614-616 Broadway 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 614-616 Broadway?
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.
