Turnkey Restaurant
For Sale
$90,000
231 Bay Avenue Front, Highlands, NJ 07732
Fully equipped restaurant with a full kitchen and an existing lease structure through 2030.
Property Size1,523 SF
Price / SF$59.09
Days on Market59
Property Features for 231 Bay Avenue Front
General Information
Standard status
Active
Size
1,523 SF
Additional Details
Business Included
Yes
Building Details
Year Built
1992
Listing Agency:
Benchmark Realty Group LLC
Listed By:
Charles Frank
(732) 440-9663
Source:
Soldbypattie
Added: Jul 8
Changed: Sep 3
Last Checked: Sep 2 at 2:13PM
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 Benchmark Realty Group LLC
Investment Insights
Based on property information with market context.
Turnkey fully equipped restaurant business for sale in the Highlands, offering approximately 3,000 (+/-) square feet with a full kitchen. The listing notes that this is a functioning restaurant operation, and prospective buyers should not approach the business without an appointment.
The property is under a lease with rent of $3,090 per month plus NNN. The lease expires in 2030 and includes one (1) 5-year option to renew, providing continuity for an incoming purchaser that assumes the existing arrangement.
The opportunity is presented as a complete, ready-to-operate restaurant package, including the commercial kitchen improvements associated with the business.
The property is under a lease with rent of $3,090 per month plus NNN. The lease expires in 2030 and includes one (1) 5-year option to renew, providing continuity for an incoming purchaser that assumes the existing arrangement.
The opportunity is presented as a complete, ready-to-operate restaurant package, including the commercial kitchen improvements associated with the business.
Key Highlights
- Turnkey, fully equipped restaurant business with a full kitchen
- Approx. 3,000 SF restaurant space with full kitchen
- Rent is $3,090 per month plus NNN
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
400
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 07732, NJ
4,710
Population
3,040
Households
1.5
Avg Household Size
49
Median Age
54%
College-Educated
91%
High-School Grad
3.8 sq mi
ZIP Area
1,239
Density / Sq Mi
$90,205
Median Household Income
$72,484
Median Earnings
$1,841
Median Rent
$396,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped restaurant with a full kitchen and an existing lease structure through 2030.
Where is this conventional restaurant located?
The property is located at 231 Bay Avenue Front Highlands, NJ.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: Turnkey, fully equipped restaurant business with a full kitchen; Approx. 3,000 SF restaurant space with full kitchen; Rent is $3,090 per month plus NNN
