Turnkey Restaurant Opportunity in
For Sale
$160,000
701 Spring Street, Elizabeth, NJ 07201
Fully operational fried chicken restaurant for sale in Elizabeth, NJ.
Property Size1,500 SF
Price / SF$106.67
Days on Market170
Property Features for 701 Spring Street
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$5,000
Amenities
Central air
Asphalt Roof
Central Air Cooling
Forced Air Heating
Near Public Transit
Near Shopping
Wood Flooring
Listing Agency:
J.J. ELEK REALTY CO.
(732) 634-9100
Listed By:
JOSEPH DEVIZIO · License #0568876
Source:
Corcoran
Added: Feb 20
Changed: Aug 8
Last Checked: Apr 5 at 9:22PM
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 J.J. ELEK REALTY CO.
Investment Insights
Based on property information with market context.
This is an opportunity to own a fully operational fried chicken restaurant located on Spring Street in Elizabeth. The business benefits from strong foot traffic, excellent visibility, and a loyal customer base. The restaurant features a Chipotle-style customization concept, allowing customers to build their own bowls, wraps, and platters with fresh toppings, signature sauces, and seasoned chicken. The business is a turnkey operation, ready for immediate takeover, and includes a fully equipped commercial kitchen. The location benefits from a mix of dine-in, takeout, and delivery business. The property size is 1500 square feet. This opportunity is suited for an owner-operator or investor looking to step into a fast-casual concept, with potential to grow revenue through marketing and expansion.
Key Highlights
- Turnkey operation ready for immediate takeover.
- Prime high‑traffic location on busy Spring Street.
- Fully equipped commercial kitchen.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
952
Businesses Nearby
186k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 33%
Hotels & Casinos 7%
Electronics 1%
Wawa
Shops & Services
72,558 visits/mo
0.2 miles
McDonald's
Dining
32,354 visits/mo
0.3 miles
Speedway
Shops & Services
14,802 visits/mo
0.1 miles
SONIC Drive In
Dining
12,628 visits/mo
0.3 miles
Burger King
Dining
10,327 visits/mo
0.1 miles
Demographics for 07201, NJ
29,390
Population
10,404
Households
2.8
Avg Household Size
35
Median Age
15%
College-Educated
75%
High-School Grad
6.4 sq mi
ZIP Area
4,592
Density / Sq Mi
$62,026
Median Household Income
$33,092
Median Earnings
$1,476
Median Rent
$413,000
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 - Fully operational fried chicken restaurant for sale in Elizabeth, NJ.
Where is this conventional restaurant located?
The property is located at 701 Spring Street Elizabeth, NJ.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Turnkey operation ready for immediate takeover.; Prime high‑traffic location on busy Spring Street.; Fully equipped commercial kitchen.
