Building Details

Year Built 9999

Listing Agency: FIEDLER REAL ESTATE j***@frebac.com Show Phone

Listed By: JEFFERY FIEDLER · License #267360

Source: Corcoran

Added: Jun 2 Changed: Aug 11 Last Checked: Jun 4 at 1:45AM

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Investment Insights

Based on property information with market context.

This former restaurant is being offered as a ready-to-operate space for a new operator. The interior is set up to support dining service with seating for approximately 70 people in the restaurant, plus an additional 8 seats at the bar. The sale includes the liquor license, helping streamline the transition for an operator looking to open quickly.

The property is located on US Route 46 in Liberty Township, NJ, with visibility from this high-traffic highway corridor. The location supports strong storefront recognition for a restaurant concept that benefits from drive-by awareness.

For tenants or buyers, the existing restaurant configuration and substantial dining and bar seating make the space practical for a conventional restaurant use. Because the liquor license is included, it may be a straightforward fit for an operator seeking to serve alcohol on day one without needing to procure the license separately. The building is also available for sale under MLS#4031659, providing flexibility for qualified buyers who prefer to own rather than lease.

Key Highlights

• Former restaurant with bar seating, positioned on a highway location
• Restaurant seating for approx. 70 people
• Additional bar seating for approx. 8 people

Property Analytics

Property Profile

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop HVAC Service Electrical Service Computer & Electronic Repair Tech Support Center Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Yes

Highway access

Yes

Liquor license

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

13

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 07838, NJ

3,399

Population

1,451

Households

2.3

Avg Household Size

44

Median Age

43%

College-Educated

97%

High-School Grad

25.9 sq mi

ZIP Area

131

Density / Sq Mi

$121,563

Median Household Income

$55,952

Median Earnings

$2,054

Median Rent

$409,600

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Formerly operating restaurant with bar seating and an included liquor license, positioned for strong highway visibility.

Where is this conventional restaurant located?

The property is located at 489 US Route46 Great Meadows, NJ.

What is the lease rate?

The lease rate is $3,500/Mo.

What are key features of this property?

This property features: Former restaurant with bar seating, positioned on a highway location; Restaurant seating for approx. 70 people; Additional bar seating for approx. 8 people