351 Lexington Ave - Retail FOR SALE


Clifton, NJ 07011
$1,500,000 USD
201-592-8900
351 Lexington Ave, Clifton, NJ for Sale
$1,500,000 USD
Retail - FOR SALE
1/3
null | Request Cap Rate

351 Lexington Ave
Clifton, NJ 07011


HIGHLIGHTS

  • Free standing building with popular diner since 1930th
  • Turkey diner business with a long history of success and consistant customer flow
  • Located in a high-traffic area with strong street visibility

OVERVIEW

351 Lexington Ave offers a unique opportunity to acquire both a prime mixed-use building and an established, successful diner business in the heart of Clifton, New Jersey. This well-maintained property features retail space on the ground floor, currently occupied by a fully operational diner, The diner is a well-known local favorite, boasting a loyal customer base and steady revenue stream. It is fully equipped and ready for a new owner to continue operations without interruption. Key Features: • Free Standing building with a popular diner on the ground floor and residential units above. • Turnkey diner business with a long history of success and consistent customer flow. • Located in a high-traffic area with strong street visibility. • Ample parking and easy access to public transportation and major highways. Business Highlights: • Established diner business with steady cash flow. • Fully furnished and equipped, ready for immediate takeover. • Strong community presence with excellent reviews and repeat customers. • Potential for further growth by expanding hours or services. Investment Opportunity: • Combined building and business sale offers immediate income generation. • Prime location in Clifton’s commercial district. • Opportunity for value-add improvements to both the property and business.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$516 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Bar, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

B-C

APN/PARCEL ID

02-00008-19-00030

ASK ABOUT THIS PROPERTY

Michelle HanSothebysMore Info
201-592-8900

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Michelle HanSothebysMore Info
201-592-8900

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