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$550,000 Just Listed
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Property Description
FOR SALE: Premier Turnkey Restaurant & Lounge. This is a rare opportunity to acquire La Chula Tex-Mex Cuisine, a highly profitable, 5-star-rated restaurant and lounge located in a prime downtown Rahway location. This absolute hidden gem is a fully turnkey operation, having undergone a complete, high-end renovation in 2023. The sale includes a sought-after liquor license and an operation celebrated for its proven Tacos, Tequila, Tunes concept. The business is more than a restaurant it's a destination. Patrons flock here for the vibrant, cool lounge atmosphere, modern neon decor, and phenomenal service. The outdoor patio is unique and a major draw! The menu is a social media sensation, famed for its gourmet Tex-Mex (like the popular Birria Tacos) and Instagrammable craft cocktails, which feature theatrical presentations with dry ice and smoke.With a 4.6-star Google (450+ reviews) rating and a robust Instagram following, the business has a stellar reputation and a loyal clientele. It is consistently praised for its lively vibe, great presentation, and delicious, fresh food, making it a go-to for date nights and group outings, especially with a live DJ on weekends. The space is approximately 3,000 sq ft between the main level, basement office and storage and the outdoor patio. This is your chance to step into a beloved, successful, and fully operational business from day one!
Full Property Details
Full Property Details for 78 E Cherry Street E
General
- Price: $550,000
- Status: Active
- Type: Business
- Source: Middlesex
- MLS ID: 2609140R
- Updated: 1/19/2026
- Added to Site: 3 day(s) ago
Rental Information
- Lease/Rent Term: Renewal Option, Lease >5 Years
Rooms
Other Rooms
- Living Room: 2,224 Sq. Ft.
Additional Information
- Security/Safety: Fire Sprinkler System
Exterior
- Exterior Features: Fire Sprinkler
Parking
- Parking Features: On Street
- Parking: On Street
Location
- County: Union
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Square Feet: 2,224
Lot Features
- Lot Dimensions: 97.00 x 22.67
- Frontage: Town/City Street
- Lot Features: Near Shopping, Near Train
- Lot Description: Near Shopping, Near Train
Financial Considerations
- Terms: Renewal Option, Lease >5 Years
Disclosures and Reports
- Documents Avail.: Cashflow/Income and Expenses, Inventory Report, Leases
- Property ID: 1300318000000015
Listed by Real
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Price & Sales History for 78 E Cherry Street E
Date
Details
Price
Change
Source
1/16/2026
Listed
$550,000
—
MLS
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 78 E Cherry Street E
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,273
6%
$162,300
—
2022
$11,606
21%
$162,300
—
2022
$9,597
-16%
$162,300
—
2021
$11,491
6%
$162,300
—
2018
$10,863
-6%
$162,300
—
2019
$11,528
5%
$162,300
—
2017
$10,983
2%
$162,300
—
2016
$10,752
5%
$162,300
—
2015
$10,252
4%
$162,300
—
2013
$9,814
—
$162,300
—
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 78 E Cherry Street E
78 E Cherry Street E, Rahway, NJ 07065 (MLS# 2609140R) is a Business property. 78 E Cherry Street E is currently listed for $550,000 and was received on January 16, 2026. Want to learn more about 78 E Cherry Street E? Do you have questions about finding other Business real estate for sale in Rahway? You can browse all Rahway real estate or contact a Coldwell Banker agent to request more information.

