Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    88 Godwin Ave Ridgewood, NJ 07450

    For Sale
    $250,000

    Established eatery, prime location, all equipment included.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional business opportunity presents a fully equipped Korean/Japanese restaurant located at 88 Godwin Avenue in the vibrant town of Ridgewood, New Jersey. Priced at $250,000, this turnkey operation offers immediate potential for a new owner. The sale includes all fixtures and equipment, eliminating the significant start-up costs associated with opening a new restaurant. The restaurant's existing setup allows for a seamless transition, minimizing disruption and maximizing profitability from day one. The property's location is a key asset, situated in a high-traffic area with excellent visibility and accessibility. This presents a unique chance to acquire a well-established business in a desirable location, ready to generate income immediately. The sale price includes all existing equipment and fixtures, making this a truly turnkey operation. Serious inquiries are encouraged to schedule a private viewing and explore this lucrative investment opportunity. Don't miss this chance to own a thriving restaurant in a prime Ridgewood location. The property is offered as a business opportunity and does not include land ownership.

    Property Features for 88 Godwin Ave

    General Information

    Property type
    Investment properties
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hama Korean Cuisine Korean Restaurant F&V LLC - Carpet ... Carpet Cleaning Service Santoni's Pizzeria and Restaurant Caterer LLC Smoke Cleaners Home Help Service Agency Pressed Fashion & Fabric ... Dry Cleaner

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Ridgewood
    County
    BERGEN
    State
    New Jersey
    Longitude
    -74.12373
    Latitude
    40.97847

    Nearby Similar for Sale

    • $79,000
      700 SF

      Turnkey Vegan Restaurant in Ridgewood

      Fully operational vegan restaurant in downtown Ridgewood with loyal customers.
      35 Godwin Ave, Ridgewood, NJ 07450
      View Details
    • $3,200,000

      Prime Retail and Office Building

      Well-maintained commercial building in downtown Ridgewood with high visibility.
      53-55 E Ridgewood Ave, Ridgewood, NJ 07450
      View Details
    • $79,000

      Ridgewood Vegan Restaurant Opportunity

      Fully operational vegan restaurant for sale in downtown Ridgewood.
      39 Godwin Ave, Ridgewood, NJ 07450
      View Details
    • $299,900

      Established Japanese Sushi Restaurant Opportunity

      Thriving sushi restaurant with 25-year history, ready for new owner.
      848 Ridgewood Ave, Ridgewood, NJ 07450
      View Details
    • $869,000

      Ridgewood Colonial in Professional Zone

      Mixed-use property ideal for residence/work lifestyle near transportation.
      65 S Maple Ave, Ridgewood, NJ 07450
      View Details
    • $1,250,000

      Prime Retail and Residential Building

      Retail space with apartment near park and transportation.
      63 Ridgewood Ave, Ridgewood, NJ 07450
      View Details

    FAQs

    What type of property is this?
    Investment property - Established eatery, prime location, all equipment included.
    Where is this investment property located?
    The property is located at 88 Godwin Ave Ridgewood, NJ.
    What is the asking price?
    The asking price for this property is $250,000.
    (201) 917-5366
    Request Owner's contact information
    88 Godwin Ave Ridgewood, NJ 07450
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    88 Godwin Ave
    Ridgewood, NJ 07450
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    88 Godwin Ave Ridgewood, NJ 07450
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.