Turnkey Smoke Shop - The Shops at 1542 JFK 1542-1558 Kennedy Blvd Bureau | 65 m² | À louer | Jersey City, NJ 07305

This listing offers a unique opportunity to acquire a fully built-out smoke shop business located in Commercial Unit #5 at 1542 John F. Kennedy Boulevard, Jersey City, NJ 07305. The business is being sold as a turnkey operation, inclusive of all existing inventory, fixtures, branding, wholesale vendors and a smoke shop license currently in process. The license is tied to the premises and requires only a background check for final approval by the new operator, per standard New Jersey protocols. The buyer will assume an existing five-year lease at $1,600/month, effective November 1, 2024. This lease is strategically positioned below current market rates for comparable retail spaces in the area, offering a strong advantage in overhead control and long-term stability. The space is positioned in a recently improved 68 unit mixed-use commercial property fronting John F. Kennedy Boulevard, a major retail and transportation corridor connecting Jersey City and Bayonne with direct access to Route 440 and key redevelopment areas along the South Jersey City waterfront. Of additional strategic value is the presence of a fully licensed and operational cannabis dispensary, which occupies a separate and non-contiguous unit on the opposite end of the building. While the two businesses are unaffiliated and operate under separate ownership and licenses in compliance with New Jersey state law, their co-location within the same property offers a complementary commercial synergy. Due to current regulatory separation between licensed cannabis dispensaries and tobacco/ancillary goods retailers, the smoke shop is positioned to lawfully offer a range of products that dispensaries are prohibited from carrying. This creates a natural pathway for consumer crossover, benefiting from the dispensary’s established traffic volume. This opportunity is ideal for qualified operators seeking immediate market entry in a high-demand location, without the delays or costs associated with new construction or license application from scratch. All interested parties must provide proof of funds prior to access or walkthroughs. All lease assumptions and license transfers are subject to standard landlord and state protocols. Contact Arianna Nieves directly 201-463-3657 or Arianna@Serhant.com