Renovated Restaurant
For Sale
$145,000
649 Elizabeth Ave, Elizabeth, NJ 07206
Operating restaurant with dine-in, takeout, delivery, and a fully equipped commercial kitchen.
Property Size1,300 SF
Price / SF$111.54
Days on Market43
Property Features for 649 Elizabeth Ave
General Information
Standard status
Active
Size
1,300 SF
Property subtype
Business Opportunity
Restaurant
Seating Capacity
120
Equipment Included
Yes
Liquor License
No
Additional Details
Business Included
Yes
Listing Agency:
BHGRE ELITE
(908) 316-8530
Listed By:
JAZMINE CLAUSEN-SOIR · License #1750907
Source:
Goldstandardrealty
Added: Jul 20
Changed: Aug 31
Last Checked: Aug 30 at 8:31PM
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 BHGRE ELITE
Investment Insights
Based on property information with market context.
This operating restaurant business occupies 1,300 square feet in Elizabeth, New Jersey, with a layout supporting dine-in, takeout, and delivery service. The premises accommodate up to 120 people and include space for an outdoor lounge. The property has been fully renovated and provides substantial storage, a complete kitchen, and commercial-grade refrigeration equipment.
Delivery is available through DoorDash and Uber Eats. In 2025, the operation reported a 27.4% operating margin. Inventory is included in the offering, while the business name is excluded. A liquor license is not included, although a separate purchase may be available from a third-party owner. Financial reports are available.
Delivery is available through DoorDash and Uber Eats. In 2025, the operation reported a 27.4% operating margin. Inventory is included in the offering, while the business name is excluded. A liquor license is not included, although a separate purchase may be available from a third-party owner. Financial reports are available.
Key Highlights
- 1,300‑square‑foot restaurant in Elizabeth, New Jersey
- Capacity for up to 120 people
- Fully renovated premises with ample storage
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,817
Businesses Nearby
79k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Dining 36%
Electronics 5%
Home Improvements & Furnishings 4%
Dunkin' Donuts
Dining
16,200 visits/mo
0.3 miles
Dollar General
Shops & Services
13,663 visits/mo
0.5 miles
7-Eleven
Shops & Services
10,955 visits/mo
0.5 miles
Popeyes Louisiana Kitchen
Dining
10,863 visits/mo
0.5 miles
Santander Bank
Shops & Services
9,071 visits/mo
0.1 miles
Demographics for 07206, NJ
30,982
Population
9,712
Households
3.2
Avg Household Size
31
Median Age
8%
College-Educated
64%
High-School Grad
1.8 sq mi
ZIP Area
17,212
Density / Sq Mi
$60,992
Median Household Income
$38,541
Median Earnings
$1,543
Median Rent
$339,200
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 - Operating restaurant with dine-in, takeout, delivery, and a fully equipped commercial kitchen.
Where is this conventional restaurant located?
The property is located at 649 Elizabeth Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: 1,300‑square‑foot restaurant in Elizabeth, New Jersey; Capacity for up to 120 people; Fully renovated premises with ample storage
