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Established Korean Restaurant For Sale
For Sale
$590,000

321 Broad, Ridgefield, NJ 07657

Well-maintained Korean restaurant in high-traffic shopping center.

Property SizeContact for details
Days on Market493

Property Features for 321 Broad

General Information

Standard status Active
Listing Agency: PREMIER PROPERTIES REALTY LLC
Listed By: SUNG HEE LEE
Source: Corcoran
Added: May 8, 2025 Changed: Mar 16 Last Checked: Aug 25 at 3:41AM

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 PREMIER PROPERTIES REALTY LLC

Investment Insights

Based on property information with market context.

This well-maintained Korean restaurant is located in a high-traffic shopping center. The business is income-producing. Detailed revenue information will be provided to qualified buyers. The seller is willing to provide recipes and some training to the new owner.

Key Highlights

  • High‑traffic location in a busy shopping center.
  • Proven income‑producing business.
  • Detailed financial records available for qualified buyers.

Property Analytics

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Current Use

Restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Grooming Service

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

Location Intelligence

Trade Area within ½ mile

1,056
Businesses Nearby
111k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 71% Shops & Services 25% Dining 4%
H Mart Groceries
78,992 visits/mo 0.1 miles
7-Eleven Shops & Services
7,111 visits/mo 0.3 miles
QuickChek Shops & Services
6,658 visits/mo 0.4 miles
Lukoil Shops & Services
6,477 visits/mo 0.1 miles
Advance Auto Parts Shops & Services
4,716 visits/mo 0.3 miles

Demographics for 07657, NJ

11,473
Population
4,192
Households
2.7
Avg Household Size
41
Median Age
47%
College-Educated
93%
High-School Grad
2.5 sq mi
ZIP Area
4,589
Density / Sq Mi
$115,676
Median Household Income
$59,044
Median Earnings
$1,935
Median Rent
$609,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Similar Off Market Nearby

  • Good News Stationery & Deli 378 Bergen Blvd # 1, Fairview, NJ 07022
  • LKL Food Corporation 321 Broad Ave, Ridgefield, NJ 07657
  • Gotham City Diner 550 Bergen Blvd, Ridgefield, NJ 07657
  • 뉴저지 도시락 집밥 델리버리 506 broad ave, ridgefield, nj 07657

Frequently Asked Questions

What type of property is this?
Restaurant - Well-maintained Korean restaurant in high-traffic shopping center.
Where is this restaurant located?
The property is located at 321 Broad Ridgefield, NJ.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: High‑traffic location in a busy shopping center.; Proven income‑producing business.; Detailed financial records available for qualified buyers.
More about this property
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