Hospitality

Restaurant/Catering Hall with Liquor License

160 Lincoln Ave, Hawthorne, NJ 07506

Notice: Qualifying bids due August 17th

Description

Court Ordered Auction: Opportunity to acquire a highly recognizable, freestanding commercial property together with a valuable New Jersey plenary retail consumption liquor license and restaurant assets in a single court-approved transaction. The property has operated as a well-known 9,000+/- SF restaurant and banquet facility and is being sold as one integrated package pursuant to a Superior Court Order. Ideally situated on Lincoln Avenue, Hawthorne's primary commercial thoroughfare, the property enjoys outstanding visibility, strong traffic exposure, and easy accessibility in one of Passaic County's most established business corridors. Located within the B-1 Neighborhood Commercial Zoning District, the site offers a strategic location surrounded by a mix of residential neighborhoods and complementary commercial uses, making it well-positioned for continued restaurant, banquet, hospitality, or other permitted commercial uses.

Documents

Terms & Conditions

  • Buyers Premium

    N/A

  • Closing

    See Data Room

  • Deposit Amount

    Initial Deposit $50,000. See Data Room

  • Broker Co-op

    2% to properly registered broker. Contact Auctioneer for Form.

Inspection

By appointment with auctioneer. Please email blevy@auctionadvisors.com

Auction Location:

Auction Via Zoom

Auction Date:

Tuesday, August 18th @ 3:00 PM EST

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