645.5 Newark Ave

Description

Exceptional Restaurant Space Available for Lease Presenting an opportunity for culinary entrepreneurs to lease a versatile restaurant space in a bustling neighborhood. Tenant also has access to an expansive outdoor area, perfect for creating a unique dining experience. Property Details: Floor 1: Approximately 2,000 square feet, featuring high ceilings of over 14 feet, a combination of tile and wood flooring, and charming exposed brick walls that add character and warmth. Basement: An additional 1,500 square feet, ideal for storage, prep areas, or expansion of service capabilities. Exterior Yard/Patio: Approximately 1,800 square feet of outdoor space, offering endless possibilities for a beer garden, al fresco dining, or special events. Lease Structure: NNN Lease 5+ year term with escalations, with a preference for longer lease agreements. Tenant responsible for 60% of taxes, water, and sewer (current taxes approximately $27,000) and all separate utilities. Available Use: Perfectly suited for a commercial restaurant, deli, or beer garden. The space features a fully vented kitchen with some appliances in place. Previous liquor license maybe available. Building Amenities: Central heating and air conditioning. A side yard available for customization by the tenant, pending landlord and building approvals. Availability: Ready for immediate occupancy. Transform this space into the thriving gastronomic hub you've envisioned. Take advantage of this prime location and ample space to bring your restaurant concept to life. Contact today to schedule a viewing and explore the potential of this exceptional property.