292 Passaic Ave - Restaurant FOR SALE


Fairfield, NJ 07004
$2,650,000 USD
973-454-3218
292 Passaic Ave, Fairfield, NJ for Sale
$2,650,000 USD
Restaurant - FOR SALE
1/31
null | Request Cap Rate

292 Passaic Ave
Fairfield, NJ 07004


OVERVIEW

Rare opportunity to purchase a successful turnkey, 130-seat restaurant, property and liquor license with a full sports bar. The property sits on 1.4 acres of land and has 68 parking spots. There is an opportunity to purchase the two (2x) single-family homes located next door as seen in the survey through a separate transaction to assemble (block 2801, Lot 3) which is .34 acres and (block 2801, lot 4) which is .48 acres adding an additional 0.91 acre site zoned C-1 Commercial. The property is surrounded by countless professional buildings, residential residences and is located down the street from Essex County Airport and Rt 46. Do NOT go direct and do NOT talk to any employees!

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$712 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Tavern 292

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

68

LAND DETAILS

LAND ACRES

1.42 AC

LAND SF

61,855 SF

ZONING

C-1

APN/PARCEL ID

07-02801-0000-00002

ASK ABOUT THIS PROPERTY

Roman DrukarovBerkshire Hathaway CommercialMore Info
973-454-3218

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Roman DrukarovBerkshire Hathaway CommercialMore Info
973-454-3218

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.