South Orange Village Twp., NJ 07079 15 S Orange Ave
$2,600,000



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Presented By: COMPASS NEW JERSEY LLC; 201-232-5807
Disclaimer: The information contained in this listing has not been verified by MyHouseNJ.com and should be verified by the buyer.
Home Details
This is a fantastic opportunity for an experienced restaurateur, brewer, or bar operator, to acquire a turnkey restaurant in downtown South Orange. Or change the use completely and bring a retailer, pharmacy, QSR, national brand. The two-story masonry building spans approximately 7,980 sq ft and features two fully equipped kitchens. The building was originally built as a bank so you have a solid two story masonry structure with all open spans, and some classic wood workings like the fireplace and bars. The restaurant accommodates 110 patrons, with bar seating for 25, two high-top tables in the bar area, and four additional high-top tables in a separate area. The second floor offers event space with a capacity of up to 70 people, making it an Ideal location for special catered events. The building is conveniently located just one block from the South Orange downtown train station and is in a highly visible, high pedestrian and car traffic, retail location, with many new residential units in close proximity. The property will be delivered vacant at closing. Advised that can build up two more floors to either expand the commercial space, or put some residential units above, as per city and per engineer, please independently verify. Please note that the purchase price does not include the business or trade name associated with the property. Liquor license may be purchased for addl $600k. Equipment such as Brewery tanks, stills, kettles etc may be purchased separately for $200k
Presented By: COMPASS NEW JERSEY LLC; 201-232-5807
Interior Features for 15 S Orange Ave
Bathrooms
Half Baths7
Other Interior Features
Price Per Sq Ft338.35
Available Sq Ft7980
BasementCrawl Space, Full, Partial, Walkout
Fuel TypeGas-Natural
Total Stories2
General for 15 S Orange Ave
ConstructionBrick/Block
Cooling4+ Units, Central Air
CountyEssex
DirectionsVose Ave & N Ridgewood Rd
Documents AvailableSurvey
DriveAdditional Parking, Assigned, Parking Lot-Shared
EasementYes
Equipment AvailableAppliances, Exhaust System, Floor Drains, Furniture, Kitchen Area, Refrigeration Unit, Security System, Sprinkler System
Garage Spaces3
Heating4+ Units, Forced Hot Air
Leasable Area500
LocationBusiness District
Number Of Units Total1
OwnershipFee Simple
Possessionat closing
Property TypeOffice/Retail, Restaurant/Bar, Store With Office
Property TypeRestBar
RoofFlat, Rubberized
ServicesCable TV, Garbage Extra Charge, Internet Available
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount62392
Tax Assessed Value2280100
Tax Lot5
Tax Year2023
Town #1619
TownshipSouth Orange Village Twp.
UtilitiesAll Underground
Year Built1900
ZoningCommercial
Exterior for 15 S Orange Ave
Building Area Total5532
Exterior DescriptionBrick/Block
Lot Dimensions.127 AC
Lot Size Acres0.13
Max Ceiling Height7
Max Door Height10
Number of Bays1
Number of Docks1
Total Parking3
Water SourcePublic Water
Additional Details
Price History
