57 Paterson Ham Burg Tpk new Save Request In-Person Tour Request Virtual Tour
Riverdale Boro,NJ 07457
Key Details
Property Type Other Types
Sub Type Cooperative
Listing Status Active
Purchase Type For Sale
Square Footage 3,527 sqft
Price per Sqft $113
MLS Listing ID 3994230
Year Built 2025
Annual Tax Amount $17,100
Tax Year 2024
Lot Size 1.190 Acres
Property Sub-Type Cooperative
Property Description
This is an asset sale, lease and approved plans for the rough build-out of a 3,527sf restaurant & bar with a +-1,370 outdoor dining patio + use of a liquor license located in a new construction shopping plaza. The seller has a 10-year gross lease with three (3x) 5-year options. The lease includes the use of a liquor license and garbage removal. All the rough plumbing, electric, HVAC, sprinklers and pull stations have been completed and the restaurant is ready for sheetrock and finishes. The seller is willing to deliver the restaurant fully finished (not including tables and chairs) for $750,000. Currently the owner has $567,000 invested in the buildout..... Restaurant Description: Step inside the light-filled space, surrounded by stunning floor-to-ceiling windows. Your journey begins at the patio entrance, where you'll be greeted by a spacious, U-shaped bar and a welcoming lounge. At the heart of the restaurant, a series of two and four-top tables are nestled behind a built-in planter wall. Beyond this, a raised dining platform offers an inviting L-shaped booth for a more intimate experience. To the far right, a private dining area with its own bar is ideal for small gatherings, overflow seating, or quick pickups. Don't forget our expansive patio, perfect for al fresco dining. See Rendering and current condition pictures in the picture gallery. Rent is $7,500**Real estate NOT included.**
Location
State NJ
County Morris
Zoning Commercial
Interior
Heating Gas-Natural
Cooling Central Air
Flooring Concrete
Equipment Fire Alarm, Sign - Building, Sprinkler System
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Cooperative