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Korean Restaurant Space
For Sale
$100,000

198 Broad Ave, Palisades Park, NJ 07650

Existing kitchen equipment, an updated interior, and street parking are in place.

Property SizeContact for details
Days on Market97

Property Features for 198 Broad Ave

General Information

Standard status Active
Property subtype Business Opportunity
Listing Agency: Young Star Realty, LLC
Listed By: Soo Lee
Source: Exprealty
Added: May 7 Changed: Aug 10 Last Checked: Aug 10 at 2:28AM

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 Young Star Realty, LLC

Investment Insights

Based on property information with market context.

This conventional restaurant property at 198 Broad Ave in Palisades Park includes an existing Korean restaurant setup with kitchen equipment in good condition. The interior is clean and contemporary, providing an established setting for continued restaurant use.

Street parking is available along the frontage for customer access. The property is positioned on Broad Ave in Palisades Park, NJ, with exposure to both local residents and commuters.

Key Highlights

  • Existing Korean restaurant setup at 198 Broad Ave
  • Kitchen equipment is in good condition
  • Clean, contemporary interior

Property Analytics

Current Use

Kukde Topoki Restaurant Witch Bunsik 마녀분식 Restaurant Kukde Topoki 국대떡볶이 Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Florist Garden Center Pet Store Pet Store & Service

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

Location Intelligence

Trade Area within ½ mile

1,864
Businesses Nearby
90k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 54% Shops & Services 37% Dining 4% Hotels & Casinos 3%
ShopRite Groceries
48,196 visits/mo 0.4 miles
Sunoco Shops & Services
12,225 visits/mo 0.4 miles
Exxon Shops & Services
7,945 visits/mo 0.2 miles
Sunoco Shops & Services
6,751 visits/mo 0.3 miles
7-Eleven Shops & Services
6,662 visits/mo 0.4 miles

Demographics for 07650, NJ

20,292
Population
7,612
Households
2.7
Avg Household Size
40
Median Age
54%
College-Educated
90%
High-School Grad
1.2 sq mi
ZIP Area
16,910
Density / Sq Mi
$101,295
Median Household Income
$50,817
Median Earnings
$1,976
Median Rent
$704,400
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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Similar Off Market Nearby

  • ShabuRo 520 Bergen Blvd Store #2, Palisades Park, NJ 07650

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing kitchen equipment, an updated interior, and street parking are in place.
Where is this conventional restaurant located?
The property is located at 198 Broad Ave Palisades Park, NJ.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Existing Korean restaurant setup at 198 Broad Ave; Kitchen equipment is in good condition; Clean, contemporary interior
More about this property
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