4,500 SF Mixed-use | 6 Unit Mixed-use | Downtown Jersey City

324 3rd St, Jersey City, NJ 07302

  • For Sale $2,999,999
  • Property Type Retail - Street Retail
  • Property Size 4,500 SF
  • Units 6
  • Lot Size 0.05 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1870
  • Year Renovated 1990
  • Date Updated Feb 16, 2024
Distinguished Opportunity: The Barge Inn - Restaurant, Bar, and Four Apartment Units Presenting an iconic opportunity to acquire not just one, but two well-established and highly successful businesses – The Barge Inn, a renowned restaurant and bar, along with four accompanying apartment units. This corner property, strategically positioned just off Newark Avenue, has proudly served as a neighborhood cornerstone for over five decades. Encompassing the full footprint of the lot, this property offers a myriad of possibilities for investors and entrepreneurs alike. Ideally located in proximity to Newark Avenue's pedestrian plaza and restaurant row, this establishment has been a consistent presence in the community. The Grove Street PATH features four apartments, each thoughtfully designed for modern living. Unit 1 comprises a one-bedroom with a bonus room and one bath, while Units 2 and 3 offer two bedrooms and one bath each. Unit 4 is a well-appointed one-bedroom with one bath. Alongside the residential units, the property includes a thriving restaurant and bar, both contributing to the allure of this investment. Currently, the owner is in the process of developing plans for a strategic redevelopment, presenting a substantial opportunity for new development in this prime location. The entire building, including the restaurant, bar, and apartments, can be delivered vacant, offering a clean slate for visionary projects. Explore the immense potential of this distinguished property – an iconic establishment poised for a new chapter of success. For further details or to discuss this unparalleled opportunity, kindly contact us at your earliest convenience.KW Commercial's Ryan Cooper and Bruce Elia Jr are proud to present this exciting new opportunity to own a piece of Downtown, Jersey City with this 4,500 SF mixed-use residential & storefront retail property.

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Highlights

  • Wonderful Owner-User for Restaurant or Bar Operation
  • Liquor License Sold Separately - Inquire today for it!
  • Prime Downtown Jersey City Location
  • Add Value Investment - Undervalued Rents

Contacts

broker

Bruce Elia Jr.

KW - Bruce Elia Jr. - Fort Lee

(201) 917-5884

Location

Getting Around

  • Walk Score ®

    99/100 Walker's Paradise
  • Transit Score ®

    79/100 Excellent Transit
  • Bike Score ®

    80/100 Very Bikeable
Powered by Walk Score ®
  • City Jersey City, NJ
  • Neighborhood Harsimus Cove
  • Zip Code 07302
  • Market New Jersey

Points of Interest

  • Grove Street PATH Trains

    0.44 miles

  • Grove Street (PATH)

    0.46 miles

  • Grove Street

    0.48 miles

  • Jersey Avenue

    0.61 miles

  • Harsimus Cove

    0.62 miles

  • Marin Boulevard

    0.71 miles

  • Newport

    0.71 miles

  • Harborside Financial Center

    0.84 miles

  • Journal Square Transportation Center

    0.91 miles

  • Exchange Place

    0.95 miles

  • Tesla Supercharger

    0.48 miles

  • Exxon

    0.50 miles

  • Tesla Supercharger

    0.52 miles

  • BP

    0.53 miles

  • Shell

    0.55 miles

  • Gulf

    0.57 miles

  • Sunoco

    0.58 miles

  • Lukoil

    0.58 miles

  • Sunoco

    0.63 miles

  • Valero

    0.66 miles

  • West Garage

    0.57 miles

  • South Garage

    0.64 miles

  • North Garage

    0.74 miles

  • ProPark

    0.80 miles

  • LAZ Parking

    0.86 miles

  • CarePoint Health Christ Hospital

    0.86 miles

  • LM 101 Parking

    0.90 miles

  • Newport River Market Garage

    0.93 miles

  • SP+ Parking

    0.95 miles

  • SP+

    1.01 miles

  • Sub Culture

    0.05 miles

  • Diesel & Duke

    0.07 miles

  • Las Americas Pizzeria & Restaurant

    0.14 miles

  • Domino's

    0.16 miles

  • Hard Grove

    0.16 miles

  • Gringo's

    0.17 miles

  • Just BeClaws

    0.17 miles

  • Rustique

    0.19 miles

  • Hollywood Fried Chicken

    0.19 miles

  • Left Bank Burger Bar

    0.20 miles

  • Key Food Fresh & Natural

    0.19 miles

  • C.H. Martin

    0.33 miles

  • Rainbow Shops

    0.35 miles

  • 99 Ranch Market

    0.38 miles

  • ShopRite

    0.48 miles

  • JCPenney

    0.57 miles

  • Salman Grocery

    0.59 miles

  • Newport Mall

    0.62 miles

  • Macy's

    0.63 miles

  • Sears

    0.67 miles

Frequently Asked Questions

What is the lease rate for 4,500 SF Mixed-use | 6 Unit Mixed-use | Downtown Jersey City?

Rental asking rate at 4,500 SF Mixed-use | 6 Unit Mixed-use | Downtown Jersey City is $1,499,999.50/YR.

What is the total square footage of 4,500 SF Mixed-use | 6 Unit Mixed-use | Downtown Jersey City?

4,500 SF Mixed-use | 6 Unit Mixed-use | Downtown Jersey City totals 4,500 square feet.

When was this property built?

4,500 SF Mixed-use | 6 Unit Mixed-use | Downtown Jersey City was built in 1870.

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Contact Listing Broker

broker

Bruce Elia Jr.

KW - Bruce Elia Jr. - Fort Lee

(201) 917-5884