21 Palisade AveEnglewood, NJ 07631

Property Details for 21 Palisade Ave

Year built

2000

Property size (Sq ft)

2,000 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional business opportunity presents a 2,000 square foot vacant restaurant space ideally situated on East Palisade Avenue in Englewood, New Jersey. The property, built in 2000, boasts a single story building on a 6,262 square foot lot, zoned CBD1. The asking price is $150,000, representing a price per square foot of $31.94. A new 7.5-year gross lease is available at a monthly rate of $9,000, inclusive of taxes. The space previously operated as an Italian restaurant with seating for 82 inside and 16 outside (April 1st - December 1st). Free parking is available on the property. The high visibility location benefits from significant foot traffic and proximity to popular businesses such as Starbucks and Chick-fil-A. Included in the sale are various fixtures and equipment, such as tables and chairs, HVAC system, stereo, walk-in refrigerator and freezer, telephone system, sinks, kitchen equipment (including a full charcoal grill, convection oven, and 12-burner stove), dishware, silverware, and refrigerated bain maries. Excluded items include the phone number, point-of-sale system, social media accounts, tradename, and logos. This property offers a compelling investment opportunity in a vibrant and accessible location.

Location Insight

City

Englewood

County

Bergen

State

New Jersey

Latitude

40.8938

Longitude

-73.974

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