Turnkey Restaurant Real Estate Opportunity – Short Sale

This is a rare opportunity to acquire a fully built-out, second-generation restaurant property through a short sale process and create your own concept in one of Bergen County’s most desirable downtown locations.

The property consists of approximately 8,400 square feet, including a stunning 6,500-square-foot restaurant featuring seating for 218 guests, a full-service bar, multiple dining areas, an indoor fireplace, outdoor seating, and a recently completed, state-of-the-art commercial kitchen with significant capital improvements throughout. The restaurant is currently closed, providing a clean slate for an owner-operator, hospitality group, or investor to launch a new concept without the time, cost, and uncertainty of a ground-up buildout.

Unlike most restaurant opportunities, this offering includes valuable real estate as well as two established retail tenants occupying a separate portion of the building, generating approximately $67,000 in annual rental income. The tenant spaces operate independently from the restaurant and provide supplemental income that can help offset ownership costs.

Adding further value is a highly desirable Plenary Retail Consumption Liquor License, available separately for $650,000, allowing a buyer to immediately enter the market with one of the area’s most difficult assets to obtain.

For restaurateurs, the savings are substantial. The property offers the opportunity to bypass years of permitting, construction delays, equipment sourcing, and escalating buildout costs. The infrastructure is already in place, including a premium commercial kitchen, walk-in refrigeration, bar facilities, dining rooms, utility upgrades, and restaurant systems that would cost significantly more to recreate today.

Located in the heart of downtown Westwood, the property benefits from strong demographics, excellent visibility, walkable foot traffic, and easy access to major Bergen County population centers.

Whether you are an experienced operator seeking a flagship location, a hospitality group looking to expand, or an investor seeking a valuable commercial asset with existing rental income, this offering represents a unique opportunity to acquire a premier restaurant property at a price made possible through the short sale process.

Liquor License Available Separately: $650,000

Additional Income: Two retail tenants generating approximately $67,000 annually.