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Turnkey Restaurant with Full Kitchen
For Sale
$120,000

231 Bay Avenue Front, Highlands, NJ 07732

Turnkey restaurant space in Highlands with a full kitchen and a lease that expires in 2030.

Property Size1,523 SF
Days on Market32

Property Features for 231 Bay Avenue Front

General Information

Standard status Active
Size 1,523 SF
Property subtype Business

Building Details

Building Size 1,523 SF
Year Built 1992
Listing Agency: Benchmark Realty Group LLC
Listed By: Charles Frank
Source: Sackmanrealty
Added: Jul 5 Changed: Jul 30 Last Checked: Aug 5 at 4:10AM

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. The property includes approximately 3,000 (+-) square feet with a full kitchen, designed to support day-to-day food preparation and service. Built in 1992, the space is offered ready for operations, with equipment and restaurant buildout included.

The lease expires in 2030 and includes one 5-year option to renew. Rent is structured as monthly rent plus NNN. Please do not approach the business without an appointment.

This offering is centered on the restaurant space and its turnkey setup, along with the existing lease terms through 2030 and the renewal option.

Key Highlights

  • Approximately 3,000 (+-) SF restaurant space
  • Full kitchen setup for daily food preparation
  • Turnkey fully equipped restaurant business

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Nail Salon (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

400
Businesses Nearby
Under-served
Demand for This Use

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

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 - Turnkey restaurant space in Highlands with a full kitchen and a lease that expires in 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 $120,000.
What are key features of this property?
This property features: Approximately 3,000 (+-) SF restaurant space; Full kitchen setup for daily food preparation; Turnkey fully equipped restaurant business
More about this property
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