For Sale
$1,879,000

86 Spring Valley RdPark Ridge, NJ 07656

Upscale Restaurant, Liquor License Included

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional opportunity presents a fully operational, 5,000 square foot restaurant in Park Ridge, NJ, boasting a coveted plenary liquor license (#33). Situated on a nearly one-acre lot (41,382 sq ft) with 30 parking spaces, this two-story building offers significant expansion potential. Built in 1920 and renovated in 2008, the property features a fully equipped kitchen with walk-in refrigerators and a prep kitchen in the lower level. The main dining area comfortably seats 75 patrons, with additional bar seating for 12. The restaurant, previously a highly successful establishment recognized with a 2023 Diners' Choice Award, is located in a prime Bergen County area, surrounded by affluent communities and boasting excellent street visibility. The R20 zoning allows for various uses. The property's location provides easy access to major roadways, including the Garden State Parkway, and benefits from a high average median income of $195,000 in the surrounding area. This turnkey operation presents a rare chance to acquire a thriving business in a desirable location, with ample room for growth and development. The asking price is $1,879,000 ($375.80/sq ft).

Highlights

  • $1,879,000 asking price for this vacant restaurant property.
  • 5,000 square foot, two-story restaurant building on a 41,382 square foot lot in Park Ridge, NJ.
  • Features a fully operational kitchen, seating for 75, and a 30-space parking lot.
  • Includes a plenary liquor license (#33).
  • Located in a high-income area with excellent visibility and access to major roadways.

Property Details for 86 Spring Valley Rd

Property type
Retail properties, Restaurants
Square Feet
5,000 SF
Year Built/Renovated
1920/2008
Buildings
1
Stories
2

Location Insight

City
Park Ridge
County
Bergen
State
New Jersey
Latitude
41.0353934
Longitude
-74.058148
86 Spring Valley Rd, Park Ridge, New Jersey

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86 Spring Valley Rd
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