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302 George Street, New Brunswick, NJ, 08901

$2,500,000

0

Beds

Bathrooms

3,800

Building Sqft

0.00

Acres

0

Lot Sqft

About 302 George Street

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.

Features of 302 George Street

MLS® #
2617313R
Acres
0.00
Type
Commercial Sale
Price
$2,500,000
Square Footage
3,800
Year Built
2007
Sub-Type
Commercial

Exterior

Lot Description
[\"Near Shopping\",\"Near Train\",\"Business District\"]

Community Information

Address
302 George Street
City
New brunswick
County
Middlesex
State
NJ
Zip Code
08901

Listing Information

Agent Name
MICHAEL P. SATCHELL
Agent Office
WEICHERT CO REALTORS

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(718) 987-7900