A rare opportunity awaits in the heart of Newark's iconic Ironbound! Currently operating as a fully remodeled Sports Bar & Grill, this turn-key venue offers an exciting expansion opportunity: it comes with an extremely hard-to-obtain Cabaret (Go-Go) License + Liquor License, a combination no longer issued in New Jersey.This upgraded space features a capacity of approx. 300 guests, multiple TVs throughout, commercial kitchen setup, professional lighting + sound, lounge seating, bar stations, and a secure, well-planned layout ready to operate immediately. Whether you keep the high-energy sports concept or elevate to a nightclub/go-go/entertainment destination, the potential is extraordinary.Located in the vibrant Ironbound district one of NJ's most coveted nightlife and dining hubs this venue benefits from outstanding visibility, heavy pedestrian flow, and excellent access to transit. The area is known for thriving restaurants, nightlife, and constant activity.This is a high-barrier-to-entry opportunity perfect for serious buyers, nightlife operators, and investors seeking a valuable position in the entertainment industry. Cabaret Licenses are no longer being issued once this opportunity sells, it's gone.If you've been waiting for the right moment this is it. Don't miss your chance.Private tours available by appointment only.
| MLS # | 3996664 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 334 |
| Listing Provided By | KELLER WILLIAMS PARK VIEWS | MONICA DIAS |
| SQ Feet | 6,000 |
|---|
| State | NJ |
|---|---|
| County | Essex |
| City | Newark City |
| Zip Code | 07114 |
| Area | Essex |
| Listing VS Median (in 07114) | |
Price: $700,000 low | high Med: $309,000 sqft: 6,000 low | high Med: 1,200 $ / sqft: $117 low | high Med: $258 On site: 334 low | high Med: 147 | |
| State | NJ |
|---|---|
| County | Essex |
| City | Newark City |
| Zip Code | 07114 |
| Area | Essex |
| Listing VS Median (in 07114) | |
Price: $700,000 low | high Med: $309,000 sqft: 6,000 low | high Med: 1,200 $ / sqft: $117 low | high Med: $258 On site: 334 low | high Med: 147 | |