Property profile

200 Harrison St Passaic, NJ 07055

OFF-MARKET
Retail properties & Spaces
300 SF
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Property summary

AI-generated overview

This thriving Latin restaurant in Passaic, New Jersey, presents a fantastic owner-user investment opportunity. Located at 200 Harrison St, 07055, this 300-square-foot retail space is currently operating under a 5-year lease. The asking price is $84,999, with a net operating income (NOI) of $6,000. The sale includes all necessary equipment for immediate operation: cooking equipment, food serving and storage equipment, cleaning supplies, and washing equipment. Situated in a busy residential area, this restaurant benefits from high foot traffic and a strong local customer base. This turnkey operation is ideal for an experienced restaurateur looking to acquire an established business with existing infrastructure and clientele. The property is a single-tenancy retail space, offering the owner complete control and operational flexibility. This is a rare opportunity to acquire a profitable, established restaurant in a desirable location at an attractive price point. Serious inquiries only.

Property profile

Verified
Property type Retail properties & Spaces
Total area 300 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

200 Harrison St Passaic, NJ 07055
Passaic metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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