30 Pompton Ave - Restaurant FOR SALE


Cedar Grove, NJ 07009
$2,350,000 USD
908-581-7781
30 Pompton Ave, Cedar Grove, NJ for Sale
$2,350,000 USD
Restaurant - FOR SALE
1/5
null | Request Cap Rate

30 Pompton Ave
Cedar Grove, NJ 07009


HIGHLIGHTS

  • Recently renovated exterior with modern facade
  • 133’ of prime frontage on high-traffic Pompton Avenue
  • Located in Pilgrim Shopping Plaza with national co-tenants

OVERVIEW

Located in the vibrant Pilgrim Shopping Plaza along Route 23, this 8,400 SF single-tenant retail building offers a prime opportunity for owner-users or investors seeking visibility, accessibility, and strong demographics. The property features a recently renovated façade and exterior upgrades, enhancing curb appeal and positioning it well for retail, restaurant, or service-oriented uses. With 133 feet of frontage on Pompton Avenue and 42 dedicated parking spaces, the site ensures excellent customer access and convenience. The building spans three floors and previously operated as a restaurant, making it well-suited for food service conversion or adaptive reuse. The RC zoning provides flexibility for a range of commercial uses. Surrounding tenants include national brands such as Crunch Fitness, Staples, Massage Envy, and GNC, contributing to consistent foot traffic and a strong co-tenancy environment. Demographics within a 1-mile radius show an average household income of $131,744, with nearly 28,000 residents and over 600 businesses within a 5-mile radius. This affluent and dense consumer base supports a wide range of retail and service concepts. The property’s location near Montclair and Verona adds to its regional appeal, with proximity to major thoroughfares and public transit options.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$280 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

RC, Cedar Grove

APN/PARCEL ID

04-00027-0000-00201

ASK ABOUT THIS PROPERTY

Shane WierksJeffery RealtyMore Info
908-581-7781

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Shane WierksJeffery RealtyMore Info
908-581-7781

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.