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32610113
32609981

1 Lakeside Avenue, Pompton Lakes, NJ 07442 For Sale

PI
NJ 1974266, NY 10401338708 (+2)
Global Real Estate Pro
Listed by Global Real Estate Pro
$1,700,000
66 days on market
Updated 66 days ago

Restaurant with Building and Liquor License

Details
Property Type Retail, Office (+1)
Sub Type Restaurant, Bar (+1)
Square Footage 6,000
Units 20
NOI $900,000
Occupancy 100%
Tenancy Single
Pro-Forma NOI $45,000
Class A
Year Built 1950
Year Renovated 2025
Buildings 1
Stories 2
Acreage 0.150
Zoning commercial
Parking Spaces 20 spaces
Parking per 1,000 SqFt 3.33
Investment Type Owner/User
Tenant Credit No Credit Rating
Ground Lease No
Sale Condition N/A

Restaurant with Building and Liquor License

Marketing description

Italian Restaurant for Sale

Overview

We are pleased to present a rare opportunity to acquire a long-established and successful Italian restaurant. With over 20 years of continuous operation, this restaurant is a staple in the community, known for its authentic cuisine and welcoming atmosphere.

Business Highlights

  • Longevity: Over 20 years of successful operation with a loyal customer base.
  • Reputation: Esteemed for authentic Italian dishes and exceptional customer service.
  • Turnkey Operation: Fully equipped with all necessary kitchen and dining equipment included.

Property Details

  • Building: A 2-story building with a finished basement provides ample space for dining and storage.
  • Liquor License: Included as part of the sale, enhancing potential revenue streams.
  • Seating Capacity: Comfortable seating arrangements for both intimate dinners and large gatherings.

Financial Performance

  • Consistent Revenue: Strong financial history with consistent annual growth.
  • Profitability: Proven track record of profitability with room for expansion.

Additional Features

  • Community Landmark: Recognized and cherished by the local community.
  • Potential for Growth: Opportunities to expand menu offerings and increase marketing efforts.
  • Prime Location: Situated in a high-traffic area with excellent visibility and accessibility.

Ideal Buyer

This opportunity is perfect for an entrepreneur looking to step into an established business with a strong foundation. Whether you are an experienced restaurateur or seeking your first venture, this Italian restaurant offers an excellent platform for growth and continued success.

For more information or to schedule a viewing, please contact [Insert Contact Information Here]. Do not miss out on this unique opportunity to own a piece of culinary history!

Investment highlights

Real Estate involved in the sale 2 story building with finished basement, all equipment, established restaurant with liquor license, room for growth and expansion.

Listing Contacts

PI
NJ 1974266, NY 10401338708 (+2)
Global Real Estate Pro
Listed by Global Real Estate Pro

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$900,000.00
$75,000.00/mo

Valuation Metrics

0
DSCR
52.94%
Cap Rate
52.94%
ROI

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Additional Information

Name
Peter Ingrasselino
License
1974266
Brokerage
Global Real Estate Pro
Brokerage Phone
8009750711
Title
Broker of Record
Brokerage Address
8 Amicalola Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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