$3,400,000
881 Route 10 Hanover Twp., NJ 07981
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$3,400,000
Est. payment /mo
2,200 SqFt
Active
881 Route 10 Hanover Twp., NJ 07981
UPDATED:
01/05/2024 04:37 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $1,545
MLS Listing ID 3878053
Year Built 1970
Annual Tax Amount $19,799
Tax Year 2023
Property Description
Welcome to an incredible investment opportunity " Nikko Japanese Restaurant ", a renowned establishment located on a bustling corner along Rt 10 in Whippany. This thriving restaurant, sitting on nearly 2 acres lot, presents an ideal prospect for both seasoned restaurateurs and entrepreneurs looking to make their mark in the culinary scene. Strategically located with easy access from Routes 10, 287, 24 and 80. Nikko Japanese Restaurant recently named "BEST JAPANESE" by New Jersey Monthly Readers Choice Awards. Explore the lucrative market of catering with an established client base.Traditional "Tatami" Room, a unique feature that adds cultural richness and caters to diverse customer preferences. Exquisite Menu: Boasting a diverse menu of Japanese cuisine, sushi, and other delectable offerings. Enhance the dining experience with a bar, complemented by a broad Class C liquor license. Proven Profitability, Nikko Japanese Restaurant has consistently generated lucrative profits for over three decades. Included with the sale is a charming 4 bedroom single-family home on the lot. The extra acreage allows for potential expansion. Alone Rt 10 corridor in Whippany has been designated for commercial redevelopment. Residential development in the area are booming. Hundreds of new luxury rental units will be added to the area in near future. Don't miss the rare opportunity to acquire this successful and well-established restaurant along with valuable real estate in a prime location.
Location
State NJ
County Morris
Zoning B-10
Interior
Heating Gas-Natural
Cooling Multi-Zone Cooling
Flooring Carpeting, Concrete, Tile
Equipment Exhaust System, Fire Alarm, Kitchen Area, Refrigeration Unit, Restrooms - Public, Sign - Freestanding, Smoke Detector
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block
Garage Spaces 50.0
Utilities Available Electric, Gas-Natural
Roof Type Flat, Slate
Building
Lot Description Level Lot
Story 1
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by RE/MAX TOWN & VALLEY II
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