1322 Paterson Plank Rd
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1322 Paterson Plank Rd
5,953 SF Retail Building Secaucus, NJ 07094 $2,700,000 ($454/SF)
Investment Highlights
- Prime Location - Located in center of town
- Title 33 Liquor License Can Be Sold Seperately
- 40+ Parking Spots/ Seating Capacity - 250
- High Traffic/High Visibility Restaurant
- Multi-Level Dining and Entertaining Space
- Seller Financing or Lease Consideration
Executive Summary
Well-established restaurant building in a prime location. Liquor license can be sold separately. Boasting approximately 6,000 sq. ft of multi-level space, there is ample space for patrons to enjoy delicious meals in a vibrant atmosphere. Ample parking lot provides the convenience of abundant parking space (40+ parking spots) for both patrons and staff.
This restaurant is perfectly situated in the heart of downtown Secaucus to cater to both locals and visitors and enjoys high visibility and foot traffic. Secaucus' welcoming community atmosphere, coupled with the convenience of nearby attractions and 6 mile proximity to New York City makes this restaurant a prime destination for locals and tourists alike. Also nearby are Newark Airport, MetLife Stadium and the American Dream Mall.
Located in Secaucus' Neighborhood Commercial Zone, this incredible location offers a canvas of possibilities for building usage. Hackensack Meadowlands District in the Neighborhood Commercial Zone (NC Zone). Please refer to the regulations regarding permitted uses and lot size/bulk regulations in the link starting on page 70: Regulations | New Jersey Sports and Exposition Authority (njsea.com)
This restaurant is perfectly situated in the heart of downtown Secaucus to cater to both locals and visitors and enjoys high visibility and foot traffic. Secaucus' welcoming community atmosphere, coupled with the convenience of nearby attractions and 6 mile proximity to New York City makes this restaurant a prime destination for locals and tourists alike. Also nearby are Newark Airport, MetLife Stadium and the American Dream Mall.
Located in Secaucus' Neighborhood Commercial Zone, this incredible location offers a canvas of possibilities for building usage. Hackensack Meadowlands District in the Neighborhood Commercial Zone (NC Zone). Please refer to the regulations regarding permitted uses and lot size/bulk regulations in the link starting on page 70: Regulations | New Jersey Sports and Exposition Authority (njsea.com)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,953 SF
Building Class
C
Year Built
1960
Price
$2,700,000
Price Per SF
$454
Tenancy
Single
Building Height
2 Stories
Building FAR
0.21
Lot Size
0.64 AC
Zoning
NC - Neighborhood Commercial zone. Please refer to attached document with further details about all possible uses.
Parking
44 Spaces (7.39 Spaces per 1,000 SF Leased)
Amenities
- Restaurant
- Security System
- Storage Space
- Recessed Lighting
- Air Conditioning
Walk Score ®
Very Walkable (85)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 09-00141-0000-00004-0000-HM | Improvements Assessment | $50,300 |
| Land Assessment | $800,100 | Total Assessment | $850,400 |
PROPERTY TAXES
Parcel Number
09-00141-0000-00004-0000-HM
Land Assessment
$800,100
Improvements Assessment
$50,300
Total Assessment
$850,400
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1322 Paterson Plank Rd
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