For Sale
$150,000

21 Palisade AveEnglewood, NJ 07631

Prime Englewood location, 2000 sq ft, vacant.

Overview

Added:
Dec 11, 2024
Days on market:
118
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
21 Palisade Ave, Englewood, New Jersey

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21 Palisade Ave
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