351 Lexington Ave
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351 Lexington Ave
2,905 SF Retail Building Clifton, NJ 07011 $1,500,000 ($516/SF)
Investment Highlights
- Free standing building with popular diner since 1930th
- Located in a high-traffic area with strong street visibility
- Turkey diner business with a long history of success and consistant customer flow
Executive Summary
351 Lexington Ave offers a unique opportunity to acquire both a prime mixed-use building and an established, successful diner business in the heart of Clifton, New Jersey. This well-maintained property features retail space on the ground floor, currently occupied by a fully operational diner,
The diner is a well-known local favorite, boasting a loyal customer base and steady revenue stream. It is fully equipped and ready for a new owner to continue operations without interruption.
Key Features:
• Free Standing building with a popular diner on the ground floor and residential units above.
• Turnkey diner business with a long history of success and consistent customer flow.
• Located in a high-traffic area with strong street visibility.
• Ample parking and easy access to public transportation and major highways.
Business Highlights:
• Established diner business with steady cash flow.
• Fully furnished and equipped, ready for immediate takeover.
• Strong community presence with excellent reviews and repeat customers.
• Potential for further growth by expanding hours or services.
Investment Opportunity:
• Combined building and business sale offers immediate income generation.
• Prime location in Clifton’s commercial district.
• Opportunity for value-add improvements to both the property and business.
The diner is a well-known local favorite, boasting a loyal customer base and steady revenue stream. It is fully equipped and ready for a new owner to continue operations without interruption.
Key Features:
• Free Standing building with a popular diner on the ground floor and residential units above.
• Turnkey diner business with a long history of success and consistent customer flow.
• Located in a high-traffic area with strong street visibility.
• Ample parking and easy access to public transportation and major highways.
Business Highlights:
• Established diner business with steady cash flow.
• Fully furnished and equipped, ready for immediate takeover.
• Strong community presence with excellent reviews and repeat customers.
• Potential for further growth by expanding hours or services.
Investment Opportunity:
• Combined building and business sale offers immediate income generation.
• Prime location in Clifton’s commercial district.
• Opportunity for value-add improvements to both the property and business.
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Property Facts
Sale Type
Owner User
Property Type
Building Size
2,905 SF
Building Class
C
Year Built
1930
Price
$1,500,000
Price Per SF
$516
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.20 AC
Zoning
B-C
Parking
17 Spaces (5.85 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (83)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 02-00008-19-00030 | Improvements Assessment | $279,000 |
| Land Assessment | $310,000 | Total Assessment | $589,000 |
PROPERTY TAXES
Parcel Number
02-00008-19-00030
Land Assessment
$310,000
Improvements Assessment
$279,000
Total Assessment
$589,000
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351 Lexington Ave
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