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$70,000
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Property Description
This is an excellent opportunity to own a great reputation restaurant in the downtown Ridgewood. This Chinese restaurant (approx. 4000 SQFT) with lots of foot and auto traffice, close to train station, downtown shopping center, and 3 new residential apartments (approx. 200 units) that added to the foot traffic and clientele. Beautifully designed spacious restaurant with seating for approx. 140 guests, including private party room and VIP room as well as small office. Spacious kitchen and storage area with walk in fridge and freezer. All appliances, tables, chairs, dinnerware, and decorations are included in sale of business. GREAT LOW COST LEASE IN PLACE 5+5 years.
Full Property Details
Full Property Details for 53B Franklin Ave
General
- Sold For: $70,000
- Status: Closed
- Type: Business
- Source: NJMLS
- MLS ID: 21048048
- Added to Site: 1, 491 day(s) ago
Location
- Area: Ridgewood
- County: BERGEN
Heating & Cooling
- Heating Type: Gas
Utilities
- Utility Description: Sep Elec, Sep Gas, Sep Heat
Structural Information
- Architectural Style: Service/Food
- Description/Design: Restaur
Listed by United Real Estate (888) 501-6953, Fang Schreck (551) 580-4856
Sold by Terrie O'Connor Realtors-Ridgewood (201) 445-4554, Michael Gister
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Schools
Schools serving 53B Franklin Ave
School District:Ridgewood Village School District
| Name | Grades | Distance |
|---|---|---|
Ridgewood High School 627 East Ridgewood Ave, Ridgewood, NJ 07451 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 53B Franklin Ave
Date
Details
Price
Change
Source
6/06/2023
Sold
$70,000
-52.7%
MLS
12/29/2022
Price Reduced
$148,000
-6.33%
MLS
12/17/2021
Listed
$158,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
53B Franklin Avenue, Ridgewood, NJ 07450 (MLS# 21048048) is a Business property that was sold at $70,000 on June 06, 2023. Want to learn more about 53B Franklin Avenue? Do you have questions about finding other Business real estate for sale in Ridgewood? You can browse all Ridgewood real estate or contact a Coldwell Banker agent to request more information.

