Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    17-15 Broadway Fair Lawn, NJ 07410

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $180,000

    Well-established, fully equipped restaurant in high-traffic area with growth potential.

    Property Features for 17-15 Broadway

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Toni Fasano
    Source: Corcoran

    Listing Agency: CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP-PARAMUS Listing Agent: Toni Fasano

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

    Learn more

    Overview

    Turnkey Restaurant with Strong Track

    This is an exceptional opportunity to acquire a well-established, fully equipped restaurant with a strong 13-year track record. The restaurant is located in a high-traffic area and has deep community roots. This local favorite offers 1,500 square feet of dining space, plus a 1,500-square-foot basement for storage and operations. Features include a professionally maintained commercial kitchen with a walk-in refrigerator, a loyal customer base, and consistent revenue. This is a turnkey operation with huge growth potential that is ready to open immediately.
    Location Intelligence

    Current Use by Public Records

    Sage Restaurant Restaurant

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fair Lawn
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.11664
    Latitude
    40.921819

    Nearby Similar for Sale

    • $749,000
      Pending

      Fair Lawn Commercial Property

      Well-maintained 3,800 sq ft commercial property suitable for various uses.
      12-19 River Rd, Fair Lawn, NJ 07410
      View Details
    • $250,000
      650 SF

      Turn-Key Office Space in Fair Lawn

      Modernized 650 sq. ft. office space in prime location.
      17 River Rd, Fair Lawn, NJ 07410
      View Details
    • $2,895,000

      Fair Lawn Medical Building Investment

      Well-maintained medical building in high-demand Fair Lawn location.
      25-15 Fair Lawn Ave, Fair Lawn, NJ 07410
      View Details
    • New
      Contact for pricing

      Turnkey Restaurant Opportunity in Fair Lawn

      Fully built-out restaurant with proprietary recipes for sale.
      7-09 Fair Lawn Ave, Fair Lawn, NJ 07410
      View Details
    • Contact for pricing

      Established Nail Salon Opportunity

      Turnkey nail salon for sale in high-traffic location.
      2-27 Saddle River Rd, Fair Lawn, NJ 07410
      View Details
    • Contact for pricing

      Professional Medical Office Space

      Office space in a professional medical building, ready for occupancy.
      15 Broadway, Fair Lawn, NJ 07410
      View Details
    • $1,850,000

      Fair Lawn Retail Investment Property

      Strip mall in high-traffic area, fully leased.
      10-16 Riv St, Fair Lawn, NJ 07470
      View Details
    • $3,500,000

      Fair Lawn Multi-Tenant Office Property

      Multi-tenant office/commercial property in Fair Lawn, NJ for sale.
      26-07 Broadway, Fair Lawn, NJ 07410
      View Details
    • Contact for pricing

      Turn-Key Office Space in Fair Lawn

      Modernized 650 sq.ft. office space in a prime location.
      17-10 River Rd, Fair Lawn, NJ 07410
      View Details
    • Contact for pricing

      Fair Lawn Salon/Studio Space

      Salon/studio space in busy area with potential clients.
      13-15 Broadway, Fair Lawn, NJ 07410
      View Details
    • $350,000

      Top Floor Condo in Park Hill

      Meticulously kept 2 bed, 1 bath condo in Park Hill.
      26-09 Fair Lawn Ave, Fair Lawn, NJ 07410
      View Details
    • Contact for pricing

      Fair Lawn Strip Mall Investment

      Strip mall in high-traffic area, fully leased, tenant-paid utilities.
      10-16 River Rd, Fair Lawn, NJ 07470
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Well-established, fully equipped restaurant in high-traffic area with growth potential.
    Where is this conventional restaurant located?
    The property is located at 17-15 Broadway Fair Lawn, NJ.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: - Thriving Turnkey Restaurant with 13 Years of Success; - Fully Equipped Commercial Kitchen with Walk-in Refrigerator; - Located in a High-Traffic Area
    (201) 975-4141
    Request Owner's contact information
    17-15 Broadway Fair Lawn, NJ 07410
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    17-15 Broadway
    Fair Lawn, NJ 07410
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    17-15 Broadway Fair Lawn, NJ 07410
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Toni Fasano
    (201) 975-4141
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!