768 Stuyvesant AveLyndhurst, NJ 07071

Property Details for 768 Stuyvesant Ave

Year built

1962

Lot size

0.28 AC

Property size (Sq ft)

4,032 SF

Property type

Commercial real estate

APN

32 00188-0000-00057

APU

3200188000000057

Description

Prime Lyndhurst location presents a unique opportunity to acquire Lee's Hawaiian Islander Restaurant, a well-established, 52-year-old business. This turnkey operation includes the real estate, liquor license, and all fixtures. The 5,000 square foot, two-story building sits on a 12,240 square foot lot, zoned B-Business, and boasts a spacious open dining area, mezzanine level for private parties, and a large kitchen (1,000+ sq ft). With 22 parking spaces and a prominent corner location, this property benefits from high visibility and convenient access. Recent improvements (within the past four years) include a new roof, bathrooms, boiler, heater, sewer lines, and an updated AC split system for the bar area. Exterior stucco and paint have also been refreshed. The asking price is $1,975,000 ($395/sq ft). The property is available for occupancy on June 30, 2024. This is a rare chance to own a piece of New Jersey history, ideally suited for a continuation of the existing business or a new venture. Built in 1962, this restaurant is considered the last vintage tiki bar in New Jersey.

Location Insight

City

Lyndhurst

County

Bergen

State

New Jersey

Latitude

40.8041

Longitude

-74.134

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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