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$ 1,100,000
Est. payment /mo
Active
114 Ferry St Newark City, NJ 07105
9,999 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,999 sqft
Price per Sqft $110
Subdivision Irobound
MLS Listing ID 3998369
Year Built 2008
Property Description
Well established liquor store in operation since 2008, located on vibrant Ferry Street, just minutes from Newark Penn Station and surrounded by constant commuter traffic. This proven business offers multiple revenue streams including in-store sales, online orders, and delivery services. Sale includes valuable equipment such as commercial coolers, POS system, ATM, office equipment, furniture, ice-making machine, and ice freezer. Inventory sold separately. Basement available for storage. Plenary Retail Distribution License (Type A) is included and fully transferable. Major growth opportunity with the newly approved Ibeira development, a planned 1,400 unit apartment complex set to bring thousands of new residents to the immediate area, significantly increasing customer demand and future revenue potential. This is a rare chance to own a profitable, turnkey liquor store in one of Newark's most active commercial corridors. Ideal for investors or entrepreneurs seeking a high-demand business with strong upside.
Location
State NJ
County Essex
Rooms
Basement Full, Unfinished
Interior
Heating Gas-Natural
Cooling 1 Unit, Central Air
Heat Source Gas-Natural
Exterior
Parking Features None
Utilities Available Gas-Natural
Building
Sewer Public Sewer
Water Public Water
Others
Ownership See Remarks
Acceptable Financing Cash, See Remarks
Listing Terms Cash, See Remarks
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