Weiss Realty Announces Unique Opportunity to Acquire 500-Seat Theater in Metuchen, NJ

Moonachie, NJ - Weiss Realty is pleased to announce that The Forum Theater, a classic Hollywood - style marquis theater located at 314 Main Street in Metuchen, NJ which features a 500-seat auditorium and two retail stores, is available for sale or net lease.

"This is a unique opportunity," commented Jaime Weiss, president of Weiss Realty. "Over the past couple of decades, the domination of the mega-theaters resulted in the disappearance of old classic downtown theaters. The Forum Theater is suitable as a motion picture or performing arts theater, a cultural or educational center, a place for group worship or community gatherings, and retail space."

The Forum Theater currently has seating for 450 patrons in the main auditorium with a 50-seat balcony, an 18x28 foot electronic screen, a 32x40 foot stage and 260 feet of frontage on Main Street. The building is zoned B-3 in the office business district, and is suitable for film, performing arts, and educational or cultural centers.

The property is adjacent to municipal parking, the New Jersey Transit Commuter Railroad Station linking Metuchen to Penn Stations in Newark and Manhattan within fifty minutes. 9,652 people live within one mile of the theater, and 54,230 people within three miles. The average annual household income within one mile of theater is $110,176, and $120,129 within three miles. The approximate traffic count is 15,000 cpd.

For more information about The Forum Theater, please contact Jaime M. Weiss at 201-615-0474, Marvin Lieberman at 917-488-4046, or Matthew B. Weiss at 917-309-7861. Broker cooperation is invited.

Weiss Realty, founded by Jaime M. Weiss in 1981 headquartered in Moonachie, NJ with an affiliate office in Chicago. Weiss Realty's current portfolio comprises over two million square feet of space. Just recently, Jaime Weiss was named the Greater Fort Lee Chamber of Commerce 2010 Person of the Year. Weiss Realty has a vast experience in developing and leasing retail, medical, and office space, and offers comprehensive real estate services in the areas of office, industrial, and retail leasing and sales, investments, development, consulting, and property management. Weiss Realty is a member of the Real Estate Board of New York.