200 Harrison St, Passaic, NJ 07055
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.