Investment or Owner User. This income producing property consists of two rented apartments upstairs and a vacant turnkey bar with liquor license on the ground floor. The property has parking for both tenants and patrons. The asking price includes the class C liquor license. MTM residential tenants immediate cash flow and present a value add opportunity to increase rents with modest improvements and longer lease terms. For investors, the pro forma rent on the ground floor is $22- 25psf psf NNN. This site is located 1 mile from William Paterson University which has over 9,000 registered students. The ground floor bar is turnkey with all beer/ soda lines in place, refrigeration, kitchen, and bar in addition to a basement office and storage area. Terra Cotta roof and brick interior are consistent with a tapas style restaurant/ bar. 7% cap rate in year 2 based on pro forma rents.