ID #1768 - 1031 Exchange | Fully Leased Restaurant | 8.95% CAP Rate
Property Description
Exceptional 8.95% CAP Rate
A standout return in today's market. Fully occupied and generating income from day one — an investor's dream with immediate, reliable cash flow backed by a long-term lease.
8.5-Year Lease — Fully Occupied
8.5 years of remaining lease term (with one 5-year option) with a tenant already in place. No vacancy risk, no ramp-up period — simply collect the income from a stabilized, producing asset.
3,198 SF Turnkey Restaurant
Fully operational restaurant with a dining room seating 70, a lounge for 30, and a private room for 25 — 125 total seats. Full kitchen, cozy fireplace, and 2 restrooms.
2-Bedroom Residential Apartment
A full 2-bedroom apartment on the second floor — kitchen, full bath, AC, private patio, and attic storage. A valuable income-producing residential component within the same building.
Corner Location
Highly visible signalized intersection with outstanding street presence and natural foot and vehicle traffic. A location that commands attention from every direction, every day.
B-4 Zoning — Versatile Permitted Uses
B-4 zoning permits a wide range of uses: medical offices, retail, auto & grocery stores, banks, childcare, and more — offering flexibility well beyond the current restaurant use.
Minutes to Major Highways
Exceptional regional access: minutes to Routes 22, 28, 202/206, I-287, and I-78 — connecting this corner to the entire Central New Jersey market and beyond.
Somerville — A Thriving County Seat
Somerville is Somerset County's vibrant county seat — a walkable, award-winning downtown with a bustling dining and retail scene, NJ Transit rail access, and one of the most dynamic small-city markets in New Jersey.
Strong Somerset County Demographics
Somerset County consistently ranks among New Jersey's wealthiest counties — with median household incomes well above state and national averages and a highly educated, dining-friendly consumer base that supports premium commercial properties.
Beautiful, Turnkey Property
A meticulously maintained freestanding building on 0.41 acres with exclusive blacktop parking. Built in 1975 and well cared for — this is a true turnkey investment ready for its next owner.
A standout return in today's market. Fully occupied and generating income from day one — an investor's dream with immediate, reliable cash flow backed by a long-term lease.
8.5-Year Lease — Fully Occupied
8.5 years of remaining lease term (with one 5-year option) with a tenant already in place. No vacancy risk, no ramp-up period — simply collect the income from a stabilized, producing asset.
3,198 SF Turnkey Restaurant
Fully operational restaurant with a dining room seating 70, a lounge for 30, and a private room for 25 — 125 total seats. Full kitchen, cozy fireplace, and 2 restrooms.
2-Bedroom Residential Apartment
A full 2-bedroom apartment on the second floor — kitchen, full bath, AC, private patio, and attic storage. A valuable income-producing residential component within the same building.
Corner Location
Highly visible signalized intersection with outstanding street presence and natural foot and vehicle traffic. A location that commands attention from every direction, every day.
B-4 Zoning — Versatile Permitted Uses
B-4 zoning permits a wide range of uses: medical offices, retail, auto & grocery stores, banks, childcare, and more — offering flexibility well beyond the current restaurant use.
Minutes to Major Highways
Exceptional regional access: minutes to Routes 22, 28, 202/206, I-287, and I-78 — connecting this corner to the entire Central New Jersey market and beyond.
Somerville — A Thriving County Seat
Somerville is Somerset County's vibrant county seat — a walkable, award-winning downtown with a bustling dining and retail scene, NJ Transit rail access, and one of the most dynamic small-city markets in New Jersey.
Strong Somerset County Demographics
Somerset County consistently ranks among New Jersey's wealthiest counties — with median household incomes well above state and national averages and a highly educated, dining-friendly consumer base that supports premium commercial properties.
Beautiful, Turnkey Property
A meticulously maintained freestanding building on 0.41 acres with exclusive blacktop parking. Built in 1975 and well cared for — this is a true turnkey investment ready for its next owner.
Listing Info
- ID:
- 2517228
- Listing Views:
- 10
Business Location
Listing ID: 2517228 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.






