344 French Hl Rd Wayne, NJ 07470-3936
This exceptional opportunity presents the chance to acquire a thriving restaurant business in Wayne, NJ. Located at 344 FRENCH HILL RD Unit 0, this property boasts a substantial 6,000 square feet of space situated on a 0.94-acre lot. The building itself is offered for sale along with a valuable liquor license, ensuring a seamless transition for the new owner. The current tenant has operated a successful restaurant at this location for over three decades, establishing a strong reputation and loyal customer base within the upscale Wayne community. This long-standing history speaks volumes about the property's potential for continued success. The sale includes not only the building and liquor license but also the existing restaurant equipment, providing a turnkey operation ready for immediate use. The substantial size of the property, combined with its prime location and established business history, makes this a rare and highly desirable investment opportunity. The asking price is $2,250,000. This is an exceptional chance to own a well-established business in a thriving community. Serious inquiries only.
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The Taphouse - Wayne Bar & Pub Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.