671 Harris Ave, Middlesex, NJ 08846-2474
This exceptional Middlesex County property presents a unique opportunity for a savvy investor or restaurateur. Located at 671 Harris Ave, this single-tenant retail space, previously a thriving Italian restaurant, boasts a prime location surrounded by residential and commercial businesses, ensuring high foot traffic. The 1-square-foot building is a single-story structure, offering ample space for a variety of culinary ventures. The property includes all furniture, fixtures, equipment, freezers, and a walk-in box, providing a turnkey operation for a seamless transition. The previous tenant successfully seated 50+ patrons indoors, with additional outdoor seating capacity. Significant upgrades have been completed within the past five years, including a new roof, air conditioning system, hot water heater, grease trap, and awnings, minimizing immediate capital expenditures. The property's potential extends beyond its current configuration; the high volume of nearby industrial complexes and schools presents significant catering opportunities. This is an exceptional chance to acquire a well-maintained property with established infrastructure and immediate revenue potential, ready for a new owner to capitalize on its existing success or to reimagine its future. The property's location and recent upgrades make it an attractive investment with significant upside.
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
R60A · Middlesex, NJMiddlesex. Always verify with local authorities before improvements.
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.