302 George Street | New Brunswick

$2,500,000 | 3,800 Sq. Ft.

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. CJMLS 2617313R

MLS Listing ID: 
CJMLS 2617313R
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$2,500,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Commercial
Primary Market Area: 
New Brunswick
Address: 
302 George Street, New Brunswick, NJ 08901, U.S.A.
County: 
Middlesex
Latitude: 
40.4925073
Longitude: 
-74.4434796
Public Remarks: 
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.
Building Details
Details about the building on a property.
Stories: 
1
Year Built: 
2007
Age: 
0
Living Area: 
3,800
Interior: 
See Remarks
Construction
Roof: 
See Remarks
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Lot Size (Dimensions): 
0.00 x 0.00
Public Record
Parcel Number: 
0000000000000
Annual Tax: 
$1.00
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
WEICHERT CO REALTORS