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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.
Terms & Conditions
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Buyers Premium
N/A
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Closing
See Data Room
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Deposit Amount
Initial Deposit $50,000. See Data Room
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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