455 E 18th Street presents a prestigious opportunity for investors or owner-operators to acquire an iconic, fully operational, turnkey diner/restaurant in Paterson, New Jersey. With the addition of land parcels at this iconic location at a high-visibility corner, there's also future development potential. Situated at the E 18th Street and 10th Avenue intersection, the property features a single-story, 3,272-square-foot diner and an adjacent buildable lot, making it ideal for immediate use or new expansion.
Renovations completed in 2024 include a new roof, modern LED lighting, a new kitchen with updated appliances, a refreshed interior showcasing reupholstered booths, and an 18-stool counter. The property presents nearly 60 feet of E 18th Street frontage and space behind the building for potential outdoor patio seating.
This property is uniquely positioned for continued success in the 4th Ward Redevelopment Area, a transitional zone between Downtown Paterson, industrial hubs, and suburban neighborhoods. A dense residential base of over 61,800 residents lives within a mile, complemented by a strong daytime workforce of approximately 14,072 employees. 455 E 18th Street provides incredible visibility, easy accessibility, and built-in customer potential.