Corner Restaurant
For Sale
$130,000
261 Union, Paterson, NJ 07502
Established restaurant with dining, takeout service, commercial kitchen, and included equipment and fixtures.
Property SizeContact for details
Days on Market10
Property Features for 261 Union
General Information
Standard status
Active
Property subtype
Commercial
Restaurant
Patio
Yes
Equipment Included
Yes
Additional Details
Business Included
Yes
Amenities
Gas Heating
Listing Agency:
UNITED REAL ESTATE
(888) 501-6953
Listed By:
RICARDO VALDIVIESO
Source:
Corcoran
Added: Aug 12
Changed: Aug 18
Last Checked: Aug 20 at 5:59AM
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 UNITED REAL ESTATE
Investment Insights
Based on property information with market context.
Business sale only for an established restaurant with a dedicated dining area, service counter, commercial kitchen, customer restroom, and storage throughout. The layout includes seating for approximately 7 tables indoors, with seasonal outdoor seating for 2 tables. Takeout service is also part of the operating format.
The lower level adds substantial storage, a full bathroom, an additional room or living area, and a separate entrance. Equipment and fixtures are included as applicable. The property occupies a corner location at 261 Union in Paterson, New Jersey, with a restaurant configuration already in place for continued operation.
The lower level adds substantial storage, a full bathroom, an additional room or living area, and a separate entrance. Equipment and fixtures are included as applicable. The property occupies a corner location at 261 Union in Paterson, New Jersey, with a restaurant configuration already in place for continued operation.
Key Highlights
- Business sale only with equipment and fixtures included as applicable
- Indoor dining area with seating for approximately 7 tables
- Seasonal outdoor seating for 2 tables
Property Analytics
Current Use
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
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established restaurant with dining, takeout service, commercial kitchen, and included equipment and fixtures.
Where is this conventional restaurant located?
The property is located at 261 Union Paterson, NJ.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Business sale only with equipment and fixtures included as applicable; Indoor dining area with seating for approximately 7 tables; Seasonal outdoor seating for 2 tables
