Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
R60A · Middlesex, NJZoning
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Zoning designation
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The district profile from the municipal source: what is on file for R60A in Middlesex, NJ.
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