730 Federal AveKenilworth, NJ 07033

Property Details for 730 Federal Ave

Construction

CONCRETE BLOCKS

Lot size

0.29 AC

Property size (Sq ft)

2,697 SF

Property type

Industrial properties

APN

08 00183-0000-00001- 03

APU

80018300000000103

Description

This thriving Kenilworth, NJ business, located at 730 Federal Avenue, presents a unique investment opportunity. The 2,697 square foot property sits on a 0.29-acre lot and includes a fully operational production brewery and taproom, complete with retail and wholesale components. High-quality brewing equipment is included in the sale, and is in excellent condition. This equipment encompasses an operational canning line, keg washer, bottling equipment, and a fork truck. Building improvements have already been made. A significant advantage is the inclusion of a rentable, private "speakeasy" room in the lower level, featuring four beer taps and a dedicated bathroom, providing additional revenue streams. The business benefits from an established statewide distribution agreement with Wegmans for their liquor stores. The current owners will provide comprehensive training to the new owner, covering the brew system, production processes, canning line operation, and recipe development. A new lease will be provided by the landlord to the purchaser. Furthermore, the property enjoys a prime location adjacent to a soon-to-be-constructed 100-unit apartment complex, promising increased foot traffic and potential customer growth. This turnkey operation offers a rare blend of established success and significant future potential. The property is zoned for business use only.

• Alternative Use

  Use

  Valuation

  Residential

  $510,378

  Hospitality

  $467,503

  Educational

  $388,957

  Medical

  $402,334

  Retail

  $605,045

Location Insight

City

Kenilworth

County

Union

State

New Jersey

Latitude

40.6794

Longitude

-74.286

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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