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$99,000 Just Listed
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Property Description
Presenting an exceptional opportunity to acquire a fully built-out, turnkey restaurant space in desirable Cranford. This beautifully renovated establishment offers a warm, inviting atmosphere with seating for up to 55 guests, plus seasonal outdoor dining.While the business is not currently in operation, it is fully equipped and ready for a seamless launch. All furnishings, fixtures, equipment, and inventory?just two years old and in excellent condition?are included, providing a strong foundation for immediate reopening or rebranding.Designed for efficiency and versatility, the space features a fully equipped kitchen, established takeout and delivery infrastructure, and additional basement storage. Ample on-street parking, along with rear parking access, adds to the convenience for both customers and staff.Located in a high-traffic, highly desirable area, this is an ideal opportunity for an owner-operator or investor to bring a new concept to life in one of Union County?s most sought-after towns.Please note: Real Estate is not included. No Pizzeria's/Italian Restaurants.
Full Property Details
Full Property Details for 206 Centennial Ave
General
- Price: $99,000
- Status: Active
- Type: Business
- Source: Garden_State
- MLS ID: 4024387
- Updated: 4/30/2026
- Added to Site: 1 day(s) ago
Business
- Name: El Paso Tex Mex Gril
- Business Type: General Service
- Business Sub-Type: General Service
Rental Information
- Lease Info: See Remarks
Rooms
Bathrooms
- Restrooms: 5
Parking
- Garage Description: None
Location
- County: Union
- Driving Directions: Lincoln Ave. to Centennial Ave.
Heating & Cooling
- Cooling Type: 1 Unit
- Heating Type: 1 Unit
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Square Feet: 1,800
- Aprox. Leasable: 1,800 Sq. Ft.
Lot Features
- Frontage: City/Town Street
- Driveway/Sidewalk: Additional Parking, Assigned
Financial Considerations
- Lease Price Per Mth: $99,999
- Operating Expenses: $99,999
Disclosures and Reports
- Ownership: Sole Proprietorship
- Documents Avail.: See Remarks
- APN: 2903-00517-0000-00006-0001-
Listed by World Class Realty Group
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Price & Sales History for 206 Centennial Ave
Date
Details
Price
Change
Source
4/30/2026
Listed
$99,000
-63.33%
MLS
3/07/2012
Sold
$270,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 206 Centennial Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$61,289
3%
$904,100
—
2022
$59,779
—
$904,100
—
2022
$59,770
-3%
$904,100
-3%
2021
$61,492
142%
$934,100
136%
2018
$25,390
-2%
$396,600
—
2019
$25,858
5%
$396,600
—
2017
$24,518
-8%
$396,600
-11%
2016
$26,562
—
$445,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 206 Centennial Ave
206 Centennial Ave, Cranford Township, NJ 07016 (MLS# 4024387) is a Business property. 206 Centennial Ave is currently listed for $99,000 and was received on April 30, 2026. Want to learn more about 206 Centennial Ave? Do you have questions about finding other Business real estate for sale in Cranford Township? You can browse all Cranford Township real estate or contact a Coldwell Banker agent to request more information.

