For Sale
$2,650,000

292 Passaic AveFairfield, NJ 07004

Turnkey Restaurant, 1.4 Acres, 130 Seats

Overview

Added:
Feb 3
Days on market:
62
This exceptional opportunity presents a thriving, 130-seat restaurant with a full sports bar and existing liquor license. The turnkey operation is situated on a substantial 1.4-acre lot, providing ample parking with 68 spaces. The property's prime location in Fairfield, NJ, boasts high visibility and convenient access, situated near Essex County Airport and Route 46. Surrounded by a mix of professional buildings and residential areas, this location offers a strong customer base. The current configuration includes a well-established restaurant and bar, ready for immediate operation. A unique expansion opportunity exists to acquire two adjacent single-family homes on a combined 0.82 acres (separate transaction). These parcels, identified as Block 2801, Lots 3 and 4, are zoned C-1 Commercial, allowing for potential expansion or redevelopment of the entire site, increasing the total acreage to 2.22 acres. The property's substantial size and strategic location make it an ideal investment for experienced restaurateurs or developers seeking a high-potential commercial venture. The building itself offers 3,722 square feet of space dedicated to the restaurant and bar operations. This turnkey operation offers immediate revenue generation and significant long-term growth potential. The combined property, if expanded, would offer a substantial footprint in a desirable location.

Property Details for 292 Passaic Ave

Property type
Square Feet
3,722 SF
Year Built
1997
Lot Size (sq. ft)
60,984 SF

Location Insight

City
Fairfield
County
Essex
State
New Jersey
Latitude
40.88216
Longitude
-74.27113
292 Passaic Ave, Fairfield, New Jersey

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292 Passaic Ave
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