Turnkey Restaurant/Bar or Redevelopment Site 527-529 William St Local commercial 700 m² À vendre East Orange, NJ 07017 1 418 538 € (2 027,22 €/m²)

For Sale East Orange Restaurant/Bar w/ Liquor License + Redevelopment Potential
Asking Price: $1,650,000 (Liquor License Available Separately for $160,000)
Rare opportunity to acquire a 7,532 SF two-story commercial building in the heart of East Orange’s thriving business and residential district. Positioned on a 0.18-acre lot along a high-traffic corridor and surrounded by multiple high-rise apartment buildings, this property benefits from excellent visibility and a built-in customer base.
The building is fully equipped and currently configured for hospitality use, featuring:
-Three separate bars across two floors
-Six bathrooms
-Outdoor space for seating or events
-Commercial kitchen with grill and rotisserie area
-One walk-in cooler and three refrigerator/freezers
-DJ booth and VIP room
-Office space for management
-Four HVAC units
-Four separate exits
A liquor license is available with the property for an additional $160,000, creating a turnkey opportunity for restaurant, bar, or nightclub operators.
Located in the T-R4 Zone (Transit Village District and Residential 4), the property allows for a wide variety of uses, including multi-family dwellings, offices, schools, day care centers, houses of worship (with restrictions), and public facilities. The site may also be purchased for redevelopment, offering strong upside potential in a rapidly growing, transit-oriented area.
527 William Street presents an exceptional opportunity for investors, developers, or operators seeking a high-visibility property in one of East Orange’s most dynamic corridors.