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New Construction Restaurant Space with Drive-Up
For Lease
$17,500/Mo

15 Paterson Ave, Little Falls, NJ 07424

New restaurant shell with high ceilings, glass frontage, and drive-up access designed for strong dine-in and offsite operations.

Space SizeContact for details
Property Size4,500 SF
Days on Market63

Property Features for 15 Paterson Ave

General Information

Standard status Active
Size 4,500 SF
Property subtype Commercial

Additional Details

Clear Height 20 ft
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $11,998

Amenities

Central air
Central Air Cooling
Multi-Zone Cooling
Multi-Zone Heating
Off-Street Parking

Building Details

Year Built 2026
Listing Agency: KELLER WILLIAMS - NJ METRO GROUP
Listed By: CHERYL DARMANIN · License #111786,NEWJERSEY
Source: Corcoran
Added: Jun 8 Changed: Aug 8 Last Checked: Jul 16 at 8:40AM

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 KELLER WILLIAMS - NJ METRO GROUP

Investment Insights

Based on property information with market context.

New construction restaurant space is available for lease within a newly developed mixed-use property with six luxury residential apartments above. The main dining level features approximately 20-foot ceilings, floor-to-ceiling glass, abundant natural light, and an open floor plan suitable for a range of hospitality concepts. Rear-facing windows are set to overlook the river and include operable Juliet balconies.

The lower level provides dedicated prep kitchen space, storage, and operational support areas, plus a designated takeout and delivery component. The property also includes overhead doors and drive-up service capability to support efficient customer pickup, catering activity, and third-party delivery. Ample on-site parking is available, with valet parking potential, and the space is positioned for visibility within a growing residential and commercial corridor.

Offered in shell condition, the space can be customized to meet specific operational requirements, including front-of-house experience and back-of-house workflow. The layout and access features make it a practical fit for upscale dining, wine bars, cocktail lounges, and other hospitality uses that need both an elevated dining environment and streamlined takeout and delivery service. Conceptual marketing renderings are illustrative only, and actual finishes, layouts, and improvements may vary.

Key Highlights

  • 4,500 SF new construction restaurant space for lease in a mixed‑use property with six luxury apartments above
  • Main dining level features approx. 20‑foot ceilings, floor‑to‑ceiling glass, abundant natural light, and an open floor plan
  • Rear‑facing windows overlook the river and will include operable Juliet balconies

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Catering Service (Bike/Boat/Book/etc) Store Travel Agency Clothing & Fashion Store

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

Lease Details

20 ft
Clear height
6
Residential units
NNN (Triple Net)
Lease Type
$7.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

821
Businesses Nearby
23k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 70% Dining 30%
QuickChek Shops & Services
16,088 visits/mo 0.4 miles
Dunkin' Donuts Dining
6,981 visits/mo 0.4 miles

Demographics for 07424, NJ

26,776
Population
11,243
Households
2.4
Avg Household Size
40
Median Age
42%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
4,698
Density / Sq Mi
$104,122
Median Household Income
$47,894
Median Earnings
$1,771
Median Rent
$477,300
Median Home Value

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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - New restaurant shell with high ceilings, glass frontage, and drive-up access designed for strong dine-in and offsite operations.
Where is this conventional restaurant located?
The property is located at 15 Paterson Ave Little Falls, NJ.
What is the lease rate?
The lease rate is $17,500/Mo.
What are key features of this property?
This property features: 4,500 SF new construction restaurant space for lease in a mixed‑use property with six luxury apartments above; Main dining level features approx. 20‑foot ceilings, floor‑to‑ceiling glass, abundant natural light, and an open floor plan; Rear‑facing windows overlook the river and will include operable Juliet balconies
More about this property
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