0 UndisclosedMonmouth County, NJ 00000

Property Details for 0 Undisclosed

Property size (Sq ft)

16,000 SF

Property type

Specialty properties

Property subtype

Wedding venues

Description

Exceptional investment opportunity in Monmouth County, New Jersey, presents a thriving banquet hall and restaurant complex. This turnkey operation encompasses two buildings, each approximately 8,000-9,000 square feet, situated on over three acres of land. The property boasts a combined total of 16,000-18,000 square feet and includes over 100 parking spaces, ensuring ample accommodation for patrons. Building A generates a monthly rental income exceeding $16,000, while Building B houses the successful banquet hall. The banquet hall itself features a versatile layout, including a formal dining room, a spacious ballroom perfect for large events, an upstairs party room ideal for smaller gatherings, and an expansive outdoor area capable of hosting 80-100 guests. The sale includes a valuable liquor license, adding significant value to this already impressive offering. The property is currently 100% occupied with a multi-tenant lease structure, with two tenants and a remaining lease term of two years. The asking price for this exceptional property is $8,000,000. This is a gross lease. The sale includes both the real estate and the established businesses. Serious inquiries only. Further details are available upon execution of a non-disclosure agreement and submission of proof of funds or pre-approval.

Location Insight

City

Monmouth County

County

Monmouth

State

New Jersey

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].