For Lease
$900/SF/YR

388 Communipaw AveJersey City, NJ 07304

Prime Jersey City location, flexible space

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Jersey City property offers a unique opportunity for a restaurant, café, or other hospitality business. Located at 388 Communipaw Avenue, this single-tenant space boasts 1,200 square feet on the main level, complemented by a spacious 2,000-square-foot basement and a private 150-square-foot courtyard. The flexible layout allows for customization to suit various concepts. Situated between Downtown Jersey City and the Canal Crossing Redevelopment Plan, this corner unit benefits from high visibility and significant foot traffic. The Canal Crossing project, slated for completion by 2030, will add over 8,000 residential units and substantial commercial space, dramatically increasing the area's population and consumer base. This surge in residential development, including numerous luxury projects, creates a strong demand for new dining and social experiences. The property's strategic location at the nexus of two major growth zones ensures strong potential for future appreciation and a thriving business environment. The 07304 zip code offers easy access to various transportation options and amenities. This is an unparalleled chance to establish a presence in a rapidly evolving and highly desirable area of Jersey City. The property is ideal for entrepreneurs seeking to capitalize on the significant growth and development within the community.

Highlights

  • 1,200 SF main level restaurant space with 2,000 SF basement and 150 SF private courtyard at 388 Communipaw Avenue, Jersey City.
  • High-visibility corner unit in a high-traffic location, ideal for capturing commuters and foot traffic.
  • Fully customizable space, delivered as a vanilla box, allowing for flexible layout and design.
  • Ample basement storage or potential for expansion of kitchen, prep area, or lounge.
  • Private courtyard provides outdoor dining space.
  • Prime location between Downtown Jersey City and the Canal Crossing Redevelopment, benefiting from proximity to major transit and future residential growth (8,000+ units).

Property Details for 388 Communipaw Ave

Property type
Specialty properties, Retail properties
RSF (Rentable sq. ft)
3,200 SF

Unit(s) available at that property

Space
Size
3,200 SF
Rate per SF
$900

Location Insight

City
Jersey City
County
Hudson
State
New Jersey
Latitude
40.712513519996
Longitude
-74.063920632774
388 Communipaw Ave, Jersey City, New Jersey

FAQs

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388 Communipaw Ave
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