Established Korean Restaurant For
For Sale
$150,000
562 Grand, Englewood, NJ 07631
Well-established Korean restaurant with loyal customer base for sale.
Property SizeContact for details
Days on Market189
Property Features for 562 Grand
General Information
Standard status
Active
Property subtype
Commercial
Amenities
Central Air Heating
Gas Heating
Hot Air Heating
Listing Agency:
RE/MAX NOW - NORWOOD
(201) 351-9000
Listed By:
SUNGWOOK KIM
Source:
Corcoran
Added: Feb 13
Changed: Aug 21
Last Checked: Aug 21 at 8:50AM
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 NOW - NORWOOD
Investment Insights
Based on property information with market context.
A unique opportunity exists to acquire a well-established Korean restaurant situated in a prime location. The restaurant features a thoughtful design and refined interior, creating a warm and inviting atmosphere. It benefits from steady private reservations and a loyal customer base, cultivated through a strong local reputation and consistent performance. The restaurant offers a distinctive Korean dining concept with proven demand in the community. The seller is motivated to facilitate a smooth and responsible transition to the new owner.
Key Highlights
- Well‑established Korean restaurant with a loyal customer base and strong local reputation.
- Prime location with steady private reservations.
- Unique and distinctive Korean dining concept that is not easily replicated.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,195
Businesses Nearby
39k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Shell
Shops & Services
17,368 visits/mo
0.4 miles
7-Eleven
Shops & Services
10,750 visits/mo
0.2 miles
Extra Space Storage
Shops & Services
4,259 visits/mo
0.1 miles
Lukoil
Shops & Services
2,531 visits/mo
0.1 miles
Discount Tire Store
Shops & Services
2,226 visits/mo
0.4 miles
Demographics for 07631, NJ
29,308
Population
12,047
Households
2.4
Avg Household Size
40
Median Age
46%
College-Educated
90%
High-School Grad
4.9 sq mi
ZIP Area
5,981
Density / Sq Mi
$101,398
Median Household Income
$53,056
Median Earnings
$1,925
Median Rent
$497,500
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 - Well-established Korean restaurant with loyal customer base for sale.
Where is this conventional restaurant located?
The property is located at 562 Grand Englewood, NJ.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Well‑established Korean restaurant with a loyal customer base and strong local reputation.; Prime location with steady private reservations.; Unique and distinctive Korean dining concept that is not easily replicated.
