Property summary
This exceptional commercial property at 236 Franklin Avenue in Nutley, New Jersey, presents a rare opportunity to acquire a thriving, established restaurant. Offered at $250,000, this turnkey operation boasts a rich history, having served the Nutley community for 22 years. The property is classified as retail and land, encompassing a well-established restaurant business. The building is located in the heart of Nutley's center, ensuring high visibility and convenient access for customers. A significant advantage is the availability of municipal parking directly behind the building, providing ample parking for patrons. All existing restaurant equipment is included in the sale, minimizing the initial investment required for a new owner. Furthermore, the property features a newer walk-in freezer located in the basement, providing essential storage capacity for food and supplies. The property's address is 236 Franklin Avenue, Nutley, NJ 07110, situated in Essex County. This is an ideal opportunity for an experienced restaurateur looking to acquire an established business with a proven track record in a desirable location, or for an investor seeking a strong return on investment in a thriving commercial area. The property's location at latitude 40.81579 and longitude -74.1618552 provides easy access to major transportation routes. This is a truly unique opportunity not to be missed.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Hair Salon Nail Salon
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Alternative use
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