Established Italian Restaurant For
1 Lakeside Avenue, Pompton Lakes, NJ 07442
Long-established Italian restaurant with a strong customer base and liquor license.
Type:Retail, Office, Hospitality
Property size:
6,000 SFPrice / SF:
$283/SF- Added:
- May 13, 2026
- Days on Market:
- 18
- Last Refresh:
- May 16 at 8:42 pm
Property Features for 1 Lakeside Avenue
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Retail, Office, Hospitality
Building Details
- Year Built
- 1950
Listing agent Peter Ingrasselino License #1974266
Listing office Global Real Estate Pro
Listing date May 13, 2026
Source Crexi
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 Global Real Estate Pro
HighLights
- Over 20 years of successful operation with a loyal customer base and strong financial history.
- Prime location in a high‑traffic area with excellent visibility and accessibility.
- Turnkey operation: Fully equipped with all necessary kitchen and dining equipment included.
- Liquor license included as part of the sale.
- 2‑story building with a finished basement provides ample space for dining and storage.
- Esteemed reputation for authentic Italian dishes and exceptional customer service.
Overview
This is an opportunity to acquire a long-established Italian restaurant that has been in continuous operation for over 20 years. The restaurant is known for its authentic cuisine and welcoming atmosphere and is a staple in the community. The sale includes a liquor license. The restaurant is located in a 2-story building with a finished basement, providing space for dining and storage. The restaurant has comfortable seating arrangements for both intimate dinners and large gatherings. It has a strong financial history with consistent annual growth and a proven track record of profitability with room for expansion. The restaurant is recognized and cherished by the local community. There are opportunities to expand menu offerings and increase marketing efforts. The restaurant is situated in a high-traffic area with excellent visibility and accessibility. The property size is 6000 square feet. This opportunity is perfect for an entrepreneur looking to step into an established business with a strong foundation. This Italian restaurant offers an excellent platform for growth and continued success.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $129.6k | $21.60 |
| − Vacancy | −$7.3k | −$1.21 |
| EGI | $122.3k | $20.39 |
| − OpEx | −$30.6k | −$5.10 |
| NOI | $91.8k | $15.29 |
6,000 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.31M
$1.15M – $1.53M
NOI $91,757 @ 7.0% cap · market cap 5.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,670 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Conventional restaurants
Location Insight
- Map
- Local Demand
- City
- Pompton Lakes
- County
- Passaic
- State
- New Jersey
- Longitude
- -74.2907048
- Latitude
- 41.0063986
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Long-established Italian restaurant with a strong customer base and liquor license.
Where is this conventional restaurant located?
The property is located at 1 Lakeside Avenue Pompton Lakes, NJ.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Over 20 years of successful operation with a loyal customer base and strong financial history.; Prime location in a high‑traffic area with excellent visibility and accessibility.; Turnkey operation: Fully equipped with all necessary kitchen and dining equipment included.
