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Newly Built Restaurant Opportunity
For Sale
$599,000

0000 WASHINGTON ST, Hoboken, NJ 07030

Newly constructed restaurant with 150 seats, full kitchen, 12-foot hood, and included equipment.

Property Size4,656 SF
Days on Market116

Property Features for 0000 WASHINGTON ST

General Information

Standard status Active
Size 4,656 SF
Property subtype Restaurant

Additional Details

Business Included Yes
Commercial Hood Yes

Building Details

Building Size 4,656 SF
Tenancy Single
Listing Agency: COMPASS NEW JERSEY, LLC
Listed By: RAMI ROSEN · License #0345685
Source: Serhant
Added: May 12 Changed: Aug 31 Last Checked: Sep 2 at 12:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMPASS NEW JERSEY, LLC

Investment Insights

Based on property information with market context.

This newly constructed restaurant includes all equipment and turnkey personal property. The space supports a full foodservice buildout with a vented kitchen and a 12-foot hood, along with a walk-in fridge. It is also equipped with an HVAC system and includes a bar, with seating for approximately 150.

A lease will be assigned, with 7 years remaining plus an additional 5-year option. The sale is structured as an asset sale with stated monthly rent of $22,000.

Key Highlights

  • Newly constructed restaurant with 150 seats
  • Full kitchen with vented 12‑foot hood and walk‑in fridge
  • Includes all equipment, HVAC system, bar, and personal property in the store

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Nursing Home Carpet & Flooring Store Home Appliance Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

5,497
Businesses Nearby
416k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 36% Shops & Services 20% Electronics 15% Office Supplies 11%
Target Superstores
148,605 visits/mo 0.3 miles
Best Buy Electronics
62,714 visits/mo 0.5 miles
Staples Office Supplies
47,695 visits/mo 0.4 miles
ACME Markets Groceries
36,751 visits/mo 0.4 miles
Speedway Shops & Services
33,239 visits/mo 0.5 miles

Demographics for 07030, NJ

60,456
Population
29,985
Households
2
Avg Household Size
32
Median Age
83%
College-Educated
97%
High-School Grad
1.2 sq mi
ZIP Area
50,380
Density / Sq Mi
$176,943
Median Household Income
$105,359
Median Earnings
$2,819
Median Rent
$872,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Newly constructed restaurant with 150 seats, full kitchen, 12-foot hood, and included equipment.
Where is this conventional restaurant located?
The property is located at 0000 WASHINGTON ST Hoboken, NJ.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Newly constructed restaurant with 150 seats; Full kitchen with vented 12‑foot hood and walk‑in fridge; Includes all equipment, HVAC system, bar, and personal property in the store
More about this property
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