Property profile

Irving St Rahway, NJ 07065

OFF-MARKET
Investment properties
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Property summary

AI-generated overview

This exceptional business opportunity encompasses a thriving restaurant and a valuable liquor license in the heart of Rahway, NJ. Situated directly across from a train station and bus stops serving the bustling Northeast Corridor and Jersey Coast Lines, this location boasts unparalleled accessibility and high visibility. The restaurant itself is a beautifully appointed three-story establishment featuring two full-size dining rooms, two bars, and outdoor seating, creating a versatile space for diverse events. The interior design is captivating, showcasing exposed brick, distressed wood, and warm lighting to cultivate an inviting atmosphere. The current culinary focus is modern American gourmet comfort food, attracting a loyal clientele with its exceptional quality. The diverse offerings include intimate dinners, live music events, brunch service, and wine/whisky tastings, catering to a wide range of preferences. The sale includes all kitchen equipment and a liquor license, with an estimated value exceeding $270,000. The property's proximity to numerous luxury apartment buildings ensures a substantial and readily available customer base within walking distance. This turnkey operation presents a rare chance to acquire a well-established, profitable business with significant growth potential in a prime location. The sale is for the business and liquor license only

Property profile

Verified
Property type Investment properties

Cap rate & NOI

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

Location

Irving St Rahway, NJ 07065
Rahway 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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