Active
881 Route 10
Hanover Twp NJ, 07981
$3,400,000
$1,545.45 per sqft
Active
2,200 sqft
Commercial
Built in 1970
Welcome to an incredible investment opportunity " Nikko Japanese Restaurant ", a renowned establishment located on a bustling corner along Rt 10 in Whippany. This thriving restaurant, sitting on nearly 2 acres lot, presents an ideal prospect for both seasoned restaurateurs and entrepreneurs looking to make their mark in the culinary scene. Strategically located with easy access from Routes 10, 287, 24 and 80. Nikko Japanese Restaurant recently named "BEST JAPANESE" by New Jersey Monthly Readers Choice Awards. Explore the lucrative market of catering with an established client base.Traditional "Tatami" Room, a unique feature that adds cultural richness and caters to diverse customer preferences. Exquisite Menu: Boasting a diverse menu of Japanese cuisine, sushi, and other delectable offerings. Enhance the dining experience with a bar, complemented by a broad Class C liquor license. Proven Profitability, Nikko Japanese Restaurant has consistently generated lucrative profits for over three decades. Included with the sale is a charming 4 bedroom single-family home on the lot. The extra acreage allows for potential expansion. Alone Rt 10 corridor in Whippany has been designated for commercial redevelopment. Residential development in the area are booming. Hundreds of new luxury rental units will be added to the area in near future. Don't miss the rare opportunity to acquire this successful and well-established restaurant along with valuable real estate in a prime location.
3878053
MLSⓇ ID
May 9, 2024
Updated
Map
881 Route 10
Hanover Twp NJ, 07981
Interior Features
Total Stories
1
Interior Features
Carpet, Concrete, Tile
Floor Description
Carpet, Concrete, Tile
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Features
Level
Roof
Slate
Sewer
Public Sewer
Other Property Details
Taxes
$19,799
Tax Frequency
Annually
Days on Market
24
Garage
No
Parking Total
50
View
No
County
Morris
Water Source
Public
Pool
No
Zoning
B-10
Courtesy of RE/MAX TOWN & VALLEY II with CHUNG HO CHANG,
Listing Contact: 9736500893
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