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    789 Main St Paterson, NJ 07503

    For Sale
    $130,000

    Turnkey restaurant with loyal customer base and outdoor dining.

    Property Features for 789 Main St

    General Information

    Standard status
    Active

    Source: CENTURY 21 A.G. REALTY GROUP Agent ALEXIS GUILLIANI

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Profitable Restaurant with Outdoor Patio

    This well-established and profitable restaurant benefits from a loyal customer base and a prime location with high visibility and parking. The turnkey operation is ready for a new owner's vision. The restaurant has a strong reputation for delicious food, excellent service, and a welcoming atmosphere. The interior space measures 1,950 square feet and includes a fully equipped kitchen, counter, and spacious dining area. Additionally, there is a 1,100-square-foot enclosed patio suitable for year-round outdoor dining and private events. The restaurant presents strong financials and growth potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bendita Arepa Colombian Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant 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.

    Similar Places Nearby

    Mansaf King, Doydoy Foodtruck, Mountainside Inn

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.16411
    Latitude
    40.8998833

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    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant with loyal customer base and outdoor dining.
    Where is this restaurant located?
    The property is located at 789 Main St Paterson, NJ.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: - Well-established and profitable restaurant with a loyal customer base.; - Prime location with high visibility and parking.; - Turnkey operation ready for new ownership.
    Request Owner's contact information
    789 Main St Paterson, NJ 07503
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    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
    789 Main St Paterson, NJ 07503
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