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    252 Fort Lee Rd, Unit Lee Bogota, NJ 07603

    For Sale
    $99,000

    Turnkey Mexican restaurant with indoor/outdoor dining and parking.

    Property Features for 252 Fort Lee Rd

    General Information

    Standard status
    Active

    Source: KELLER WILLIAMS TOWN LIFE Agent PAUL SKIADAS

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

    Overview

    Established Restaurant with Outdoor Dining

    This is an opportunity to own a well-established Mexican restaurant, a local favorite in Bergen County for over 20 years. The turnkey restaurant features indoor and outdoor dining. Convenient on-premises parking, as well as additional street parking, ensures customer access. The location offers flexibility and potential for continued growth, whether to continue the existing concept or convert the space. The lease terms are favorable, and the rent is competitively priced. The business has a loyal customer base and is ready for a smooth transition in one of New Jersey’s most desirable markets.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Riviera Maya Mexican Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Similar Places Nearby

    Scholastic Culinary Services, Platinum Catering, Vitales inflight, The Brownie Bar, Cast Iron Catering

    Location Insight

    • Map
    • Local Demand
    City
    Bogota
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0209401
    Latitude
    40.8728557

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Mexican restaurant with indoor/outdoor dining and parking.
    Where is this restaurant located?
    The property is located at 252 Fort Lee Rd, Unit Lee Bogota, NJ.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: - Established Mexican Restaurant: Benefit from over 20 years of operation and a loyal customer base.; - Turnkey Restaurant: Fully equipped and ready for immediate operation.; - Prime Location: Situated in Bergen County, one of New Jersey's most desirable markets.
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    Bogota, NJ 07603
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    Realmo Value Estimation

    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.

    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.

    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
    252 Fort Lee Rd, Unit Lee Bogota, NJ 07603
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