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53 Prospect AveBayonne, NJ 07002

Hudson County

$1,500,000List price
2Stories
3 months agoOn market

Listing Courtesy: THE PROPERTY SHOP INC - 2013397555

Description

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 opportunity to own a landmark business and income-producing property in one of Bayonne's most active and growing neighborhoods. Don't miss this rare opportunity—act now!

Property Information

Property type
Commercial Sale
Sub-type
Mixed Use
Stories
2
Days on market
101
MLS® Listing#
260011922

Property Features

Financial Details

Annual taxes
$11,667
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