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    OFF-MARKET
    Retail properties & Spaces

    200 Harrison St, Passaic, NJ 07055

    300 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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