340 Paterson Ave, East Rutherford, NJ 07073

This rare turnkey investment opportunity is located at 340 Paterson Ave in East Rutherford, NJ. The property features a fully renovated retail building with a long-standing Japanese restaurant on the first floor and a 2-bedroom, 2-bathroom apartment on the second floor. The sale includes the business and the building, with a liquor license available for separate purchase. An additional parking lot at 323 Paterson Ave offers space for 37 cars, or up to 70 with valet service.

The building totals 7,408 square feet of finished space, situated on a 4,160 square foot lot. Significant renovations were completed in 2016 and 2019, enhancing the property's appeal and functionality. The established restaurant operates in a prime community location, presenting an excellent income-producing asset. This property is also ideal for owner-operators looking to manage an active business.

The property is classified as residential income and mixed-use, with a flat roof and a multi-family (2-4 unit) style. The building is located in Bergen County. Further details regarding specific features, square footage breakdowns, and year of renovation are available upon request. The active business requires showings to be scheduled by appointment only, and potential buyers are instructed not to approach or disturb employees or customers.

This offering represents a unique chance to acquire a well-maintained, income-generating property in a desirable East Rutherford location. The combination of a thriving retail business and a residential unit provides a stable revenue stream. The inclusion of an adjacent parking lot adds significant value and convenience for both the commercial and residential components of the property.