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3055 Route 23
Oak Ridge, NJ 07438

Rate Upon Request

Restaurant For Lease  •  3,219 SF

Property Details

  • Property Type Restaurant
  • Year Built 2000
  • Total Building Size 5,600 SF
  • Tenancy Multiple
  • Building Class B
10 Transit Score
20 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 3,219 SF Rate Upon Request
Prime opportunity to lease a fully equipped, turnkey restaurant located directly on Route 23, offering outstanding visibility to both northbound and southbound traffic with an estimated 50,000+ vehicles passing daily.

Situated next to a legal cannabis dispensary, this location benefits from a strong built-in customer base and significant future growth potential. The property has undergone extensive recent renovations, creating a modern, highly functional space that's ready for immediate operation.

The lease includes the entire upstairs level, providing additional flexibility for offices, storage, or other business needs.

Property Features
Excellent highway frontage with exceptional visibility
50,000+ vehicles per day (approximate traffic count)
Adjacent to a legal cannabis dispensary
Ample on-site parking
Upstairs space included in the lease
Full-size basement for storage
Fully built-out dining area, kitchen, and bar
Included Equipment
Fully built-out bar
Bakers Pride pizza oven
Hobart commercial dough mixer
(2) Vulcan gas ranges
(2) Commercial deep fryers
30-foot commercial exhaust hood
30 feet of kitchen line equipment
Walk-in cooler
POS system (grandfathered with no monthly software expense)
New high-efficiency mini-split HVAC system
Numerous additional fixtures and restaurant equipment
Recent Property Improvements
Brand-new LED pylon signage visible from both directions of Route 23
New landscaping
Newly striped parking lot
New fencing and exterior site improvements
Newly refinished floors
New ADA-accessible entrance ramp
New glass storefront doors
Landlord Tenant Improvement Package

The landlord will provide substantial tenant improvements, including:

Expansion of the restaurant footprint to increase usable space
Fresh interior paint
Two beautifully gut-renovated bathrooms featuring floor-to-ceiling tile
Exterior signage designed, fabricated, and installed at no cost to the tenant
Fresh parking lot striping
New landscaping
New fencing around dumpsters and service areas
Additional exterior and site enhancements
Key Money

$50,000

Includes:

Fully built-out restaurant
Complete commercial kitchen
Fully built-out bar
Dining area
Existing food inventory
Liquor inventory
Liquor License Opportunity

An option is available to purchase the existing liquor license, valued at approximately $150,000. The license may be purchased either at closing or within several years after acquiring the business, providing flexibility for the new operator.

  • Date available: Now
  • Lease term: 5 - 10 Years
  • Service type: To Be Determined
  • Built out as: Restaurants And Cafes
  • Space Type: Relet

Description

Prime Highway Restaurant Opportunity with Liquor License

Rare opportunity to lease a fully built-out restaurant in a high-exposure location directly on a major highway, capturing traffic traveling both northbound and southbound. With exceptional visibility and steady daily traffic, this location offers outstanding potential for a restaurant, bar, lounge, or hospitality concept.

The property is home to two tenants, including a successful, fully operational cannabis dispensary that generates consistent customer traffic and provides built-in exposure for neighboring businesses. The available restaurant space includes a valuable liquor license, allowing a new operator to open with a significant competitive advantage.

Property Highlights:

Turnkey restaurant space with liquor license included
Prime highway frontage with exposure to northbound and southbound traffic
Located alongside a high-volume licensed cannabis dispensary
Excellent visibility with prominent signage opportunities
Ample on-site parking
Ideal for a restaurant, sports bar, gastropub, cocktail lounge, or entertainment venue
Strong daytime and evening customer potential driven by passing traffic and neighboring businesses

This is a unique opportunity to establish your business in one of the area's most visible commercial locations with built-in customer traffic and exceptional growth potential.

Public Transportation

AirportDriveWalkDistance
Newark Liberty International 50 min - 39.3 mi
New York Stewart International 75 min - 42.4 mi
LaGuardia 65 min - 46.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 70
Type: Surface
Included in Rent: Yes
Shubh Patel 973-615-1006 Find Real Estate
Shubh Patel 973-615-1006 Find Real Estate