Turnkey Restaurant Opportunity in
For Sale
$160,000
701 Spring Street, Elizabeth, NJ 07201
COMMERCIAL - Elizabeth, NJ
Property Size1,500 SF
Price / SF$106.67
Days on Market182
Property Features for 701 Spring Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
5
Lot features
Near Public Transit, Near Shopping, Commercial Area, Highway Location
Standard status
Active
APN
5104205000000022
Size
1,500 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5000
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Wood
Roof type
Asphalt
Listing Agency:
J.J. ELEK REALTY CO.
(732) 634-9100
Listed By:
Joseph Devizio · License #0568876
(732) 596-2118
Added: Jan 29
Changed: May 14
Last Checked: Jul 30 at 11:06PM
MLS# 2611094R
Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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, New Jersey. The business benefits from high foot traffic, excellent visibility, and a loyal customer base. The restaurant features a concept that combines Chipotle-style customization with fried chicken. Customers can create their own bowls, wraps, and platters with toppings, sauces, and seasoned chicken. The 1,500 square foot restaurant is a turnkey operation, ready for immediate takeover and features a fully equipped commercial kitchen. The business has an established concept with branding potential and a mix of dine-in, takeout, and delivery business. This location is suitable for an owner-operator or investor looking to step into a fast-casual concept.
Key Highlights
- Turnkey, fully operational fried chicken restaurant ready for immediate takeover.
- Prime, high‑traffic location on busy Spring Street in Elizabeth.
- Established concept with strong branding potential and loyal customer base.
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, fully operational fried chicken restaurant ready for immediate takeover.; Prime, high‑traffic location on busy Spring Street in Elizabeth.; Established concept with strong branding potential and loyal customer base.
