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Turn-Key Deli Restaurant
For Sale
Contact for pricing

15 Walnut Avenue, Cranford, NJ 07016

Turn-key deli operation offered with renovated interior, newer kitchen equipment, and an established income history.

Property SizeContact for details
Days on Market82

Property Features for 15 Walnut Avenue

General Information

Standard status Active
Class A
Property subtype Business for Sale
Zoning D-C
Lease Type Gross

Additional Details

Business Included Yes

Building Details

Year Built 1930
Units 1
Listing Agency: Rarefied Real Estate Partners
Listed By: Maxwel Fawcett · License #2082589
Source: Crexi
Added: Jun 1 Changed: Aug 10 Last Checked: Aug 21 at 6:04AM

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 Rarefied Real Estate Partners

Investment Insights

Based on property information with market context.

This turn-key deli restaurant is offered as a complete operating business with the included favorable lease assumption, active inventory, and transfer of the existing LLC. The interior has been renovated, and the kitchen and service areas include newer, top-of-the-line equipment described as in pristine condition. A dedicated, well-trained staff is also in place to support operational continuity from day one.

Located at 15 Walnut Avenue in downtown Cranford, New Jersey, the deli is positioned in the area’s shopping and dining district and is described as steps from the Cranford Train Station. The business serves morning commuters, local professionals, high school students, and a dense residential community, with the property’s transit-oriented setting emphasized in the listing.

For an owner-operator or investor seeking an immediately functional restaurant concept, this offering focuses on reducing start-up risk through an outfitted, ready-to-run setup. The public remarks state the operation has produced $140,000+ per year in net income after expenses, and the listing also notes potential paths to build further volume through initiatives such as digital marketing, expanded catering, or extended hours. Please do not disturb the current staff or operations. Inquire for financial verifications and to schedule a private walkthrough.

Key Highlights

  • Turn‑key deli operation for sale with proven income history of $140,000+ net per year after expenses
  • Deli has an established operation serving the community for over 40 years
  • Renovated interior plus newer kitchen/service equipment included with the sale

Property Analytics

Current Use

Mr. J's Deli Food Market

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Grocery & Convenience Store Furniture & Home Goods Hotel & Motel Daycare Center

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,617
Businesses Nearby
80k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 87% Dining 12% Beauty & Spa 1%
Dollar General Shops & Services
13,384 visits/mo 0.1 miles
7-Eleven Shops & Services
10,427 visits/mo 0.3 miles
TD Bank Shops & Services
9,748 visits/mo 0.3 miles
Chase Bank Shops & Services
6,280 visits/mo 0.3 miles
The UPS Store Shops & Services
6,254 visits/mo 0.2 miles

Demographics for 07016, NJ

23,827
Population
9,619
Households
2.5
Avg Household Size
42
Median Age
65%
College-Educated
97%
High-School Grad
4.7 sq mi
ZIP Area
5,070
Density / Sq Mi
$148,629
Median Household Income
$84,980
Median Earnings
$2,116
Median Rent
$635,800
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 - Turn-key deli operation offered with renovated interior, newer kitchen equipment, and an established income history.
Where is this conventional restaurant located?
The property is located at 15 Walnut Avenue Cranford, NJ.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Turn‑key deli operation for sale with proven income history of $140,000+ net per year after expenses; Deli has an established operation serving the community for over 40 years; Renovated interior plus newer kitchen/service equipment included with the sale
More about this property
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