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Established Italian Restaurant For Sale

1 Lakeside Avenue Pompton Lakes, NJ 07442

1 Lakeside Avenue, Pompton Lakes, NJ, 07442
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For Sale
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Long-established Italian restaurant with a strong customer base and liquor license.

Property Size6,000 SF
Price / SF$283.33
AddedMay 13
Days on Market64
Last RefreshJun 24 at 10:17 am

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 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


Investment Insights

Based on property information with market context.

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.

Key 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.

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 (±1% cap)
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 (±1% cap)
NOI $109,670 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Real Estate Agency Parking Lot & Garage Pharmacy Locksmith Carpet & Flooring Store Barber Shop Computer & Electronic Repair (Bike/Boat/Book/etc) Store Garden Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

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.
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