Turnkey Corner Restaurant
339 South Avenue W, Westfield, NJ 07090
Turnkey breakfast and lunch restaurant with seating, counter service, and a well-equipped kitchen plus outdoor option.
Type:Business for Sale, Retail
Property size:
1,000 SFPrice / SF:
$299/SF- Added:
- Jun 19, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 24 at 5:13 am
Property Features for 339 South Avenue W
General Information
- Standard status
- Active
- Size
- 1,000 SF
- Property subtype
- Business for Sale, Retail
Listing office KELLER WILLIAMS ELITE REALTORS
Listing date Jun 19, 2026
Source Crexi
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 KELLER WILLIAMS ELITE REALTORS
HighLights
- Owner‑operated breakfast/lunch restaurant at a busy intersection opposite Westfield Train Station
- About 1,000 sq ft seating, counter, and kitchen area
- About 750 sq ft basement with ample storage and vegetable cooler
- About 40 inside seats plus about 10 outside
- High‑visibility glass facade in a corner building with ample parking and public transport nearby
- Meticulously maintained kitchen and equipment; staff in place with training offered during handover
Overview
This is a running, owner-operated breakfast and lunch restaurant offered as a takeover opportunity. The space includes approximately 1,000 square feet of seating, counter, and kitchen area, along with an additional approximately 750 square feet in the basement for storage and a vegetable cooler. The property features a high-visibility glass facade as a corner building, with about 40 inside seats and about 10 outside. The kitchen and equipment are described as meticulously maintained, and training can be provided during the handover period. Staff is also available to support the transition.
The restaurant is positioned at a busy intersection opposite the Westfield Train Station. The public remarks note ample parking and convenient proximity to public transport, supporting easy customer access for walk-in and takeout business.
For an operator seeking a ready-to-run breakfast and lunch concept, this layout provides both customer service areas and dedicated back-of-house capacity for storage and cooler needs. With a maintained kitchen setup and staff-in-place, the new ownership can focus on continuity of service during and after the takeover period, with dinner service noted as recently paused by the seller.
The restaurant is positioned at a busy intersection opposite the Westfield Train Station. The public remarks note ample parking and convenient proximity to public transport, supporting easy customer access for walk-in and takeout business.
For an operator seeking a ready-to-run breakfast and lunch concept, this layout provides both customer service areas and dedicated back-of-house capacity for storage and cooler needs. With a maintained kitchen setup and staff-in-place, the new ownership can focus on continuity of service during and after the takeover period, with dinner service noted as recently paused by the seller.
Local 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 | $21.6k | $21.60 |
| − Vacancy | −$1.2k | −$1.21 |
| EGI | $20.4k | $20.39 |
| − OpEx | −$5.1k | −$5.10 |
| NOI | $15.3k | $15.29 |
1,000 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$218.5K
$191.2K – $254.9K
NOI $15,293 @ 7.0% cap · market cap 5.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$261.1K
$228.5K – $304.6K
NOI $18,278 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Westfield Station Cafe
Cafe & Coffee Shop
Similar Places Nearby
- Bagel Chateau — 223 South Avenue E, Westfield, NJ 07090
Location Insight
- Map
- Local Demand
- City
- Westfield
- County
- Union
- State
- New Jersey
- Longitude
- -74.3373344
- Latitude
- 40.649899
Nearby Similar for Sale
FAQs
What type of property is this?
Breakfast & diner - Turnkey breakfast and lunch restaurant with seating, counter service, and a well-equipped kitchen plus outdoor option.
Where is this breakfast & diner located?
The property is located at 339 South Avenue W Westfield, NJ.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Owner‑operated breakfast/lunch restaurant at a busy intersection opposite Westfield Train Station; About 1,000 sq ft seating, counter, and kitchen area; About 750 sq ft basement with ample storage and vegetable cooler
