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68 Lanza Ave

11,000 SF Specialty Building Offered at $2,099,000 in Garfield, NJ 07026

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Executive Summary

Opportunity knocks! Liquor License! Daily Bar/Restaurant Business PLUS a Banquet Event Hall! Amazing mixed use property features 11,000 sq ft building w/21 parking spaces plus 225 ft of street frontage. Plenty of on street parking. Building is in excellent condition, offering lots of improvements, including new roof, new parking lot, new stucco, new mechanicals, completely renovated 1st Fl, new commercial kitchen, new lighting and sound systems, 4 new bathrooms, all new floors, and so much more. Beautiful Space! Both bars are brand new. Huge, full basement storage with walkout. Detached two car garage. Retail liquor license included. 2nd + 3rd Fl former Boarding House, 8 units. Call for Showing.

Property Facts Under Contract

Price	$2,099,000	Lot Size	0.25 AC
Price Per SF	$191	Building Size	11,000 SF
Sale Type	Investment or Owner User	No. Stories	3
Property Type	Specialty	Year Built/Renovated	1900/2022
Property Subtype	Lodge/Meeting Hall	Parking Ratio	1.91/1,000 SF
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$2,099,000
Price Per SF	$191
Sale Type	Investment or Owner User
Property Type	Specialty
Property Subtype	Lodge/Meeting Hall
Building Class	C
Lot Size	0.25 AC
Building Size	11,000 SF
No. Stories	3
Year Built/Renovated	1900/2022
Parking Ratio	1.91/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.