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KOREAN BBQ Restaurant for Sale in Tappan, NY 4 Route 303 2,500 SF Retail Building Tappan, NY 10983 $3,827,432 CAD ($1,530.97 CAD/SF)



Investment Highlights
- Heavy day time traffic.
Executive Summary
Well-Known Korean BBQ Restaurant for Sale – Northern New Jersey/Rockland County New York A highly reputable Korean BBQ restaurant is now available for sale. The current owner has successfully operated this family-run business for the past 23 years and is now planning to retire. The restaurant is ideally located in Northern New Jersey, with close proximity to Upstate New York. It enjoys a strong and diverse customer base, attracting not only the local Korean community but also a high volume of general and international clientele. This prime location benefits from steady traffic, particularly from visitors returning from popular recreational destinations in Upstate New York, including golf courses, camping sites, fishing areas, and ski resorts. The surrounding area continues to grow, with a new supermarket opening nearby and additional popular dining options, including a Korean-Chinese (Jajangmyeon) restaurant, contributing to a vibrant and expanding commercial district. There is significant upside potential. With some upgrades and refreshed management, the business can achieve even higher revenue. Four purchase options are available: Building and Business Package: $2,800,000 Building Only: $2,150,000 with lease back tenant (6.70% cap) Business Only : $650,000 with $12,000/month + property tax (NNN) Further details are available upon request.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,500 SF
Building Class
C
Year Built
1970
Price
$3,827,432 CAD
Price Per SF
$1,530.97 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.48 AC
Zoning
CS - Commercial
Parking
38 Spaces (15.87 Spaces per 1,000 SF Leased)
Frontage
121’ on New York 303
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 6
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KOREAN BBQ Restaurant for Sale in Tappan, NY | 4 Route 303
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