114 Ferry St, Newark City, NJ 07105

$975,000

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List Price
$975,000
Price Change
▼ $125,000 1777066949
MLS#
3998369
Dom
157
Status
ACTIVE
County
Essex
City
Newark City
Subdivision
Irobound

Property Description

Well established liquor store in operation since 2008, located on vibrant Ferry Street, just minutes from Newark Penn Station and surrounded by constant commuter traffic. This proven business offers multiple revenue streams including in-store sales, online orders, and delivery services. Sale includes valuable equipment such as commercial coolers, POS system, ATM, office equipment, furniture, ice-making machine, and ice freezer. Inventory sold separately. Basement available for storage. Plenary Retail Distribution License (Type A) is included and fully transferable. Major growth opportunity with the newly approved Ibeira development, a planned 1,400 unit apartment complex set to bring thousands of new residents to the immediate area, significantly increasing customer demand and future revenue potential. This is a rare chance to own a profitable, turnkey liquor store in one of Newark's most active commercial corridors. Ideal for investors or entrepreneurs seeking a high-demand business with strong upside.

Additional Information

Cooling
1 Unit, Central Air
Garage Description
None
Heating
1 Unit
Sewer
Public Sewer
Water
Public Water
Basement
Yes
Garage Description
None

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Listing Courtesy Of VERIFIED HOMES, Contact: 973-980-1308

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