302 George Street, New Brunswick, NJ 08901

$2,500,000
Active for Sale
 
Listing ID 11841050
Property Type Commercial
County Middlesex
Total Tax $1
FEMA Flood Map fema.gov/portal
Year Built 2007
Virtual Tour

New Brunswick

This ground floor mixed use asset offers prime visibility along George Street, benefiting from strong daily traffic and consistent exposure. The property is currently occupied by a fully operational pub and liquor store under a secure lease running through 2029. Sale is for the leasehold interest only, not fee simple. The site is subject to a long term 99 year ground lease, currently in Year 23, set to expire on December 3, 2102, with an additional 99 year renewal option available. This structure provides exceptional long term stability for the next owner. Buyer will assume all lease obligations, including taxes, insurance, and maintenance as outlined in the lease. Transfer may require landowner review and approval. Financing options may be limited; buyers are encouraged to confirm lender requirements. Full lease document and terms available upon request.
Property Details
  • 3800 SF (AG)
  • Built in 2007
Interior Features
  • Central A/C
Commercial Info
  • % Cap. Rate
Taxes and Fees
  • $1 Total Tax
Listed By
Weichert, Realtors - East Brunswick
Office: 732-254-1700
Mobile: 732-688-0174
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