This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Retail Property is no longer advertised on LoopNet.com.

2658 Highway 516
Old Bridge, NJ 08857

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
6,100 SF
Building Class
C
Year Built/Renovated
1986/2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.93 AC
Zoning
CC
Parking
93 Spaces (15.25 Spaces per 1,000 SF Leased)
Frontage
124 FT on CR 516

Amenities

  • Freeway Visibility

About 2658 Highway 516 , Old Bridge, NJ 08857

Grillestone Restaurant • Bar • Private Event Space is a 6100 sq. ft. food service establishment situated on 1.93 acres in Old Bridge Township, Middlesex county. Situated on a major thoroughfare connecting Route 9 and Route 18, the restaurant benefits from a traffic count of approximately 27,500 cars daily and proximity to major shopping center and local offices. The private parking lot has 93 spaces and new LED flood lights.   The facility, fully built out and remodeled in 2017, seats 180 guests inside with an additional 120 guests on decorative paver outdoor patio with fire pit and private event space for roughly 50 guests. The large bar seats approximately 20 guests. Newly installed 24 tap draft beer line system with new glycol machine and dedicated draft beer walk-in box. New rubberized kitchen floor. Roof was fully replaced 2015. New 45 ton HVAC system. Fully integrated A/V system. The back of house features a state of the art kitchen with full walk-in refrigerator and dedicated walk-in freezer.   The restaurant has been fully operational since 2017 and currently boasts strong food and beverage sales with additional deposits and bookings for private events.   Sale includes a “33” liquor license. Sale includes all FF&E. Sale would include trade name, all marketing material, print, website and social media content if buyer desires.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-09000-0000-00014
Land Assessment
$312,300
Improvements Assessment
$237,700
Total Assessment
$550,000
  • Listing ID: 27231862

  • Date on Market: 12/2/2022

  • Last Updated:

  • Address: 2658 Highway 516, Old Bridge, NJ 08857

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}