0 Passaic CountyPassaic County, NJ 00000

Property Details for 0 Passaic County

Year built

2019

Property size (Sq ft)

1,100 SF

Property type

Other commercial real estate

Property subtype

Investment properties

Description

This thriving bagel shop, located in Passaic County, New Jersey, presents a fantastic investment opportunity. The 1,100-square-foot space, built in 2019, is situated on a state highway with over 60,000 cars passing daily, ensuring high visibility and consistent customer traffic. Currently operating as a fully equipped and operational bagel shop, the business boasts seating for twelve guests and caters to both dine-in and off-premise orders. Open seven days a week, it serves breakfast and lunch, establishing itself as a neighborhood favorite over its 4.5-year history. The gross lease agreement has a remaining term of 8.1 years, expiring January 1, 2033. The asking price is $148,000, translating to $134.55 per square foot. The property's commercial zoning allows for continued operation of the existing business or potential for expansion. Strong morning and evening demographics contribute to the business's consistent success, offering significant upside potential for a new owner. This is a turnkey operation with a proven track record, ready for immediate income generation. The single-unit property is privately owned and presents a value-add investment opportunity within an active business environment. Don't miss this chance to acquire a well-established and profitable business in a prime location.

Location Insight

City

Passaic County

County

Passaic

State

New Jersey

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