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Operating Restaurant

249 Union Ave, Paterson, NJ 07502

For Sale
$96,000

The Paterson restaurant has five years of operating history and an established menu of signature recipes.

Property SizeContact for details
Days on Market60

Property Features for 249 Union Ave

General Information

Standard status Active
Property subtype Business

Additional Details

Business Included Yes
Currently Operating Yes
Listing Agency: UNICASA UNION REALTY INC
Listed By: ANA ABRIL
Source: Tkregroupinc
Added: Sep 11 Changed: Nov 7 Last Checked: Nov 8 at 8:34PM

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 UNICASA UNION REALTY INC

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Investment Insights

Based on property information with market context.

Located at 249 Union Ave in Paterson, New Jersey, this restaurant has operated for five years. Its kitchen is associated with a recognized, award-winning chef, and the menu features signature recipes.

Key Highlights

  • Five years of restaurant operations
  • Kitchen associated with a recognized, award‑winning chef
  • Located at 249 Union Ave in Paterson, New Jersey

Property Analytics

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Open Analytics

Current Use

Excelente Smoke Shop (Bike/Boat/Book/etc) Store Lomo Saltado Peruvian ... Restaurant Bangla Bazaar Mini ... (Bike/Boat/Book/etc) Store Dirtypath production Recording Studio

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Catering Service Florist Garden 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

1,001
Businesses Nearby
38k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 50% Dining 32% Home Improvements & Furnishings 19%
Dunkin' Donuts Dining
12,218 visits/mo 0.2 miles
7-Eleven Shops & Services
9,102 visits/mo 0.4 miles
Union 5 & 10 Inc. Home Improvements & Furnishings
7,068 visits/mo 0.4 miles
AutoZone Shops & Services
6,303 visits/mo 0.5 miles
Corner Store Shops & Services
3,123 visits/mo 0.3 miles

Demographics for 07502, NJ

16,592
Population
4,861
Households
3.4
Avg Household Size
35
Median Age
17%
College-Educated
78%
High-School Grad
0.9 sq mi
ZIP Area
18,436
Density / Sq Mi
$68,649
Median Household Income
$32,407
Median Earnings
$1,492
Median Rent
$347,200
Median Home Value
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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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The Paterson restaurant has five years of operating history and an established menu of signature recipes.
Where is this conventional restaurant located?
The property is located at 249 Union Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $96,000.
What are key features of this property?
This property features: Five years of restaurant operations; Kitchen associated with a recognized, award‑winning chef; Located at 249 Union Ave in Paterson, New Jersey
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