Restaurant Space with Full
For Sale
Contact for pricing
44 Speedwell Ave, Morristown, NJ 07960
Existing kitchen, takeout area, dining room, and ADA-accessible restrooms support restaurant operations.
Property Size2,465 SF
Price / SF$4.02
Days on Market8
Property Features for 44 Speedwell Ave
General Information
Standard status
Active
Size
2,465 SF
Additional Details
Commercial Hood
No
Building Details
Year Built
2011
Listing Agency:
TOP VALUE REALTY
(973) 769-6184
Listed By:
ABDELWAHEED ALBUKHARI
Source:
Luminancerealty
Added: Aug 23
Changed: Aug 29
Last Checked: Aug 25 at 5:06AM
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 TOP VALUE REALTY
Investment Insights
Based on property information with market context.
This restaurant property includes a large dining room, substantial service counter, kitchen, takeout area, and 2 ADA bathrooms. A full basement provides additional space for expansion or catering operations, while a walk-in box is located on the main level.
The property is at 44 Speedwell Ave in Morristown Town, NJ, next to the New Valley bank HQ and across from the HQ Plaza hotel and Movie. The space is offered with a Modified Gross lease structure. The landlord pays property taxes, condo fees, and property insurance; the tenant is responsible for business insurance and utilities.
There is currently no hood, but an existing chase extends to the roof for potential hood installation. The layout can be updated to suit the operator’s needs.
The property is at 44 Speedwell Ave in Morristown Town, NJ, next to the New Valley bank HQ and across from the HQ Plaza hotel and Movie. The space is offered with a Modified Gross lease structure. The landlord pays property taxes, condo fees, and property insurance; the tenant is responsible for business insurance and utilities.
There is currently no hood, but an existing chase extends to the roof for potential hood installation. The layout can be updated to suit the operator’s needs.
Key Highlights
- Restaurant layout includes kitchen, takeout area, service counter, and large dining room
- 2 ADA bathrooms
- Full basement for expansion or catering operations
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,469
Businesses Nearby
102k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Groceries 24%
Dining 12%
Electronics 8%
Whole Foods Market
Groceries
24,305 visits/mo
0.5 miles
Wells Fargo
Shops & Services
13,421 visits/mo
0.2 miles
7-Eleven
Shops & Services
12,982 visits/mo
0.3 miles
Dunkin' Donuts
Dining
7,568 visits/mo
0.2 miles
Verizon
Electronics
6,650 visits/mo
0.2 miles
Demographics for 07960, NJ
45,609
Population
18,978
Households
2.4
Avg Household Size
40
Median Age
68%
College-Educated
94%
High-School Grad
34.6 sq mi
ZIP Area
1,318
Density / Sq Mi
$149,462
Median Household Income
$75,266
Median Earnings
$2,173
Median Rent
$701,100
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 - Existing kitchen, takeout area, dining room, and ADA-accessible restrooms support restaurant operations.
Where is this conventional restaurant located?
The property is located at 44 Speedwell Ave Morristown, NJ.
What are key features of this property?
This property features: Restaurant layout includes kitchen, takeout area, service counter, and large dining room; 2 ADA bathrooms; Full basement for expansion or catering operations
