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Turnkey Korean BBQ Restaurant

4 Route 303 Tappan, NY 10983

4 Route 303, Tappan, NY, 10983
$12,000/Mo
For Lease
$12,000/Mo

Established Korean BBQ operation with a built-in customer base and a proven history of family ownership.

Days on Market93

Property Features for 4 Route 303

General Information

Standard status
Active
Property subtype
Commercial
Listing agency RE/MAX FORTUNE PROPERTIES
Listed by SHIN CHUNG · License #10401202970
Source Corcoran
Added: Apr 20 Updated: Jul 20 at 9:24PM Checked: Jul 20 at 9:24PM

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 RE/MAX FORTUNE PROPERTIES


Investment Insights

Based on property information with market context.

Turnkey Korean BBQ restaurant offered for lease in the Northern New Jersey area. The business has been operated by the current family for 23 years and is now available due to the owner’s retirement plans. The operation draws both the local Korean community and a broad mix of general and international customers, with repeat patronage highlighted from visitors returning from recreational destinations in Upstate New York.

The property is located at 4 Route 303 in Tappan, NJ 10983, with close proximity to Upstate New York. The surrounding commercial area continues to evolve, including a new supermarket opening nearby and additional dining options such as a Korean-Chinese (Jajangmyeon) restaurant.

Multiple purchase options are described in the offering materials, including building and business, building only with a lease-back tenant, and business only with monthly payments plus property tax under an NNN structure.

Key Highlights

  • Established Korean BBQ restaurant for sale; family‑run business operated for 23 years.
  • Four purchase options: Building & Business $2,800,000; Building Only $2,150,000; Business Only $650,000.
  • Building Only option includes a lease‑back tenant with a 6.70% cap.

Property Analytics

Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Real Estate Agency Auto Repair Shop Law Firm Auto Parts Store Hotel & Motel Parking Lot & Garage Furniture & Home Goods Garden Center Hair Salon Computer & Electronic Repair

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

FAQs

What type of property is this?
Conventional restaurant - Established Korean BBQ operation with a built-in customer base and a proven history of family ownership.
Where is this conventional restaurant located?
The property is located at 4 Route 303 Tappan, NY.
What is the lease rate?
The lease rate is $12,000 /Mo.
What are key features of this property?
This property features: Established Korean BBQ restaurant for sale; family‑run business operated for 23 years.; Four purchase options: Building & Business $2,800,000; Building Only $2,150,000; Business Only $650,000.; Building Only option includes a lease‑back tenant with a 6.70% cap.
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