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300 Glenwood Ave
Bloomfield, NJ 07003

Rate Upon Request

Apartments For Lease  •  5,250 SF

Property Details

  • Property Type Apartments
  • Year Built 2015
  • Total Building Size 446,294 SF
  • Building Class A
  • Zoning BCR1
0 Transit Score
93 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 5,250 SF Rate Upon Request 
5,250 SF Restaurant Business for sale for $300,000, which includes all furniture, fixtures and equipment and the liquor license.  Lease will be assigned to the buyer.  Ten (10) Year Lease with two (2) five (5) year renewal options.  Rent as follows: 
1 $91,875.00 $7,656.25
2 $93,712.50 $7,809.38
3 $95,586.75 $7,965.56
4 $97,498.49 $8,124.87
5 $99,448.45 $8,287.37
6 $101,437.42 $8,453.12
7 $103,466.17 $8,622.18
8 $105,535.50 $8,794.62
9 $107,646.21 $8,970.52
10 $109,799.13 $9,149.93
Extension Term: Lease Year Annual Amount Monthly Amount
11 $111,995.11 $9,332.93
12 $114,235.01 $9,519.59
13 $116,519.71 $9,709.98
14 $118,850.11 $9,904.18
15 $121,227.11 $10,102.26
16 $123,651.65 $10,304.30
17 $126,124.69 $10,510.39
18 $128,647.18 $10,720.60
19 $131,220.12 $10,935.01
20 $133,844.53 $11,153.71

  • Date available: 30 Days
  • Lease term: None
  • Service type: Negotiable
  • Built out as: Restaurants And Cafes
  • Space Type: Sublet

Description 

Presenting a prime opportunity in Bloomfield, NJ, this 5,250 sq. ft. space is built out as a fully equipped restaurant/café, ready for immediate operation. The business is available for sale at $300,000, which includes all furniture, fixtures, equipment, and a valuable liquor license. The existing lease, which will be assigned to the buyer, offers a stable long-term arrangement with a ten-year term and two additional five-year renewal options. This well-maintained space is ideal for restaurateurs or entrepreneurs looking to establish a thriving business in a vibrant location. Don’t miss this chance to take over a turnkey operation in the heart of Bloomfield!

Highlights

Prime location: 5,250 Sq ft. space in Bloomfield, NJ. Built out as a restaurant/cafe
Turnkey operation: Business for sale at $300,000, including all furniture, fixtures, equipment and a liquor license
Long-term lease: Ten- year lease with two additional five-year renewal options
Fully equipped: Readt for immeduate operation with all necessaryt restaurant/cafe equipment included
Lease Assignment: Lease will be assigned to the buyer, ensuring a smooth transition
Ideal Opportunity: Perfect for restauranteurs or entrepreneurs looking to establish a business in a vibrant area

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Fitness Center
  • Property Manager on Site
  • Washer/Dryer
  • Gameroom
  • Grill
  • On-Site Retail
  • Package Service
  • Wi-Fi
  • Granite Countertops
  • Vaulted Ceiling
  • Stainless Steel Appliances
  • Walk-In Closets
  • Elevator
  • Wheelchair Accessible (Rooms)

Public Transportation

Commuter RailDriveWalkDistance
Bloomfield (Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit)) 0 min 4 min 0.1 mi
Glen Ridge (Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit)) 2 min 14 min 0.7 mi
AirportDriveWalkDistance
Newark Liberty International 16 min - 9.8 mi
LaGuardia 44 min - 25.8 mi
John F Kennedy International 52 min - 33.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
William Ray 908-581-6267 WRED Realty Group LLC
William Ray 908-581-6267 WRED Realty Group LLC