Established Deli in Closter,
309 Closter Dock Closter, NJ 07624
For Sale
$350,000
Turnkey Italian deli for sale in downtown Closter.
Property Size2,000 SF
Price / SF$175
Days on Market99
Property Features for 309 Closter Dock
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Commercial
Listing Agency:
CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP-MAHWAH/SADDLE RIVER REGIONAL OFFICE
(201) 962-9555
Listed By:
JACOB LEWINSON
Source:
Corcoran
Added: Apr 21
Changed: Jul 10
Last Checked: Jul 27 at 6:38AM
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 CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP-MAHWAH/SADDLE RIVER REGIONAL OFFICE
Investment Insights
Based on property information with market context.
Nonna Clementina’s Gourmet is an established Italian deli, encompassing approximately 2,000 square feet. It has been a staple in Closter, New Jersey, for over 26 years. The property is positioned steps from the Closter Plaza and situated on a high-visibility corner along one of Closter's busiest downtown streets. This location offers exceptional exposure and the advantage of a dedicated parking lot. The deli is a turnkey operation, fully outfitted with a commercial kitchen, meat slicers, and all essential equipment needed to operate a high-quality deli from day one. The property is suitable for conventional restaurants, restaurants, grocery and convenience stores, retail properties, and general commercial real estate uses.
Key Highlights
- Established Italian deli with 26+ years of operation in Closter, NJ.
- Turnkey operation: Fully equipped commercial kitchen and essential deli equipment included.
- Prime location: High‑visibility corner in downtown Closter, steps from Closter Plaza.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.2k | $21.60 |
| − Vacancy | −$2.4k | −$1.21 |
| EGI | $40.8k | $20.39 |
| − OpEx | −$10.2k | −$5.10 |
| NOI | $30.6k | $15.29 |
2,000 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$436.9K
$382.3K – $509.8K
NOI $30,586 @ 7.0% cap · market cap 8.74%
Second Best
Retail
$407.8K
$356.8K – $475.8K
NOI $28,547 @ 7.0% cap · market cap 8.16%
Theoretical Best
Office A
$522.2K
$457.0K – $609.3K
NOI $36,557 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey Italian deli for sale in downtown Closter.
Where is this conventional restaurant located?
The property is located at 309 Closter Dock Closter, NJ.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Established Italian deli with 26+ years of operation in Closter, NJ.; Turnkey operation: Fully equipped commercial kitchen and essential deli equipment included.; Prime location: **High‑visibility corner in downtown Closter, steps from Closter Plaza.**
