363 Lakeview Ave, Clifton, NJ 07011
This exceptional 5,200 square foot commercial building located at 363 Lakeview Avenue in Clifton, New Jersey, presents a unique investment opportunity. Currently vacant, this property is ideally suited for a bar and/or restaurant operation. The asking price is $1,250,000. A significant advantage is the inclusion of a valid liquor license, a valuable asset that streamlines the setup for any prospective buyer in the food and beverage industry. The building offers ample space for both front-of-house and back-of-house operations, allowing for a substantial seating capacity and efficient workflow. Conveniently located in Passaic County, the property boasts 10 parking spaces, ensuring ample parking for patrons and staff. The address is 363 Lakeview Ave, Clifton, NJ 07011. This turnkey operation eliminates the lengthy and often complex process of obtaining a liquor license, making this a highly attractive proposition for experienced restaurateurs or new entrants to the market seeking a fast track to establishing a thriving business. The property's size and location within Clifton offer significant potential for growth and profitability. Serious inquiries are encouraged.
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
Similar Nearby for Lease
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.