Esty Street Restaurant | 86 Spring Valley Rd
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Esty Street Restaurant 86 Spring Valley Rd
5,500 SF Retail Building Park Ridge, NJ 07656 $1,879,000 ($342/SF)
Investment Highlights
- Large property with great potential to expand and tremendous housing development in the surrounding communities
Executive Summary
Bergen Cty Restaurant with incredible growth potential
This extremely popular upscale white table cloth restaurant has recently ceased operation and offers an incredible chance to own a stand alone building in a prime location in the heart of Bergen County. Surrounded by some of the most affluent towns in northern Bergen, it features a 1 acre tract of land with a fully operational restaurant and a #33 Plenary Liquor License. The expansion capabilities due to the size of the property make this an amazing opportunity to build a an even larger establishment. Additionally, the location has an amazing exposure from the street with on site parking and ample room to develop a fabulous outside dining option.Multi story Building on .95 acres. Fully operational kitchen with walk in refrigerators, in lower level with prep-kitchen. Dining room seats 75 people with 12 at the bar Existing 30 car parking lot Located in a residential/Retail area with great exposure and access to major roads (Garden State Parkway) and an extremely affluent area. Avg Median Income $195,000
This extremely popular upscale white table cloth restaurant has recently ceased operation and offers an incredible chance to own a stand alone building in a prime location in the heart of Bergen County. Surrounded by some of the most affluent towns in northern Bergen, it features a 1 acre tract of land with a fully operational restaurant and a #33 Plenary Liquor License. The expansion capabilities due to the size of the property make this an amazing opportunity to build a an even larger establishment. Additionally, the location has an amazing exposure from the street with on site parking and ample room to develop a fabulous outside dining option.Multi story Building on .95 acres. Fully operational kitchen with walk in refrigerators, in lower level with prep-kitchen. Dining room seats 75 people with 12 at the bar Existing 30 car parking lot Located in a residential/Retail area with great exposure and access to major roads (Garden State Parkway) and an extremely affluent area. Avg Median Income $195,000
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,500 SF
Building Class
C
Year Built
1920
Price
$1,879,000
Price Per SF
$342
Tenancy
Single
Building Height
2 Stories
Building FAR
0.13
Land Acres
0.95 AC
Zoning
R-20
Parking
45 Spaces (10.34 Spaces per 1,000 SF Leased)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 47-00903-0000-00004 | Improvements Assessment | $244,300 |
| Land Assessment | $471,300 | Total Assessment | $715,600 |
PROPERTY TAXES
Parcel Number
47-00903-0000-00004
Land Assessment
$471,300
Improvements Assessment
$244,300
Total Assessment
$715,600
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Edward Laub -
Keller Williams Village Square Realty
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Esty Street Restaurant | 86 Spring Valley Rd
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