For Sale
$150,000

21 Palisade Ave Englewood, NJ 07631

Prime Englewood location, 2000 sq ft, vacant.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional business opportunity presents a 2,000 square foot vacant restaurant space ideally situated on East Palisade Avenue in Englewood, New Jersey. The property, built in 2000, boasts a single story building on a 6,262 square foot lot, zoned CBD1. The asking price is $150,000, representing a price per square foot of $31.94. A new 7.5-year gross lease is available at a monthly rate of $9,000, inclusive of taxes. The space previously operated as an Italian restaurant with seating for 82 inside and 16 outside (April 1st - December 1st). Free parking is available on the property. The high visibility location benefits from significant foot traffic and proximity to popular businesses such as Starbucks and Chick-fil-A. Included in the sale are various fixtures and equipment, such as tables and chairs, HVAC system, stereo, walk-in refrigerator and freezer, telephone system, sinks, kitchen equipment (including a full charcoal grill, convection oven, and 12-burner stove), dishware, silverware, and refrigerated bain maries. Excluded items include the phone number, point-of-sale system, social media accounts, tradename, and logos. This property offers a compelling investment opportunity in a vibrant and accessible location.

Highlights

  • $150,000 Key Money.
  • 7.5-Year Lease, New Lease Available.
  • $9,000/Month Rent (Taxes Included).

Property Details for 21 Palisade Ave

Property type
Retail properties, Restaurants
Square Feet
2,000 SF
Year Built
2000
Buildings
1
Stories
1

Location Insight

City
Englewood
County
Bergen
State
New Jersey
Latitude
40.8937598
Longitude
-73.9739808

FAQs

What type of property is this?
Retail property - Prime Englewood location, 2000 sq ft, vacant.
Where is the retail property located?
The property is located at 21 Palisade Ave Englewood, NJ.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: $150,000 Key Money.; 7.5-Year Lease, New Lease Available.; $9,000/Month Rent (Taxes Included).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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21 Palisade Ave
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