Haskell Retail for Sale - Upper Suburban Passaic
Prime Investment Opportunity: Turnkey Hospitality & Multi-Phase Development Opportunity!!
Rarely does a property offer immediate cash flow along with development potential. Situated on a high-visibility deep lot, this multifaceted site is ideal for the strategic investor or owner-operator looking to diversify their portfolio instantly.
The Restaurant: A Turnkey Culinary Destination
The heart of the property is a fully renovated, functioning (QSR) restaurant that blends modern aesthetics with operational efficiency.
* Complete Overhaul: New HVAC, plumbing, electrical systems, framing, insulation, bathrooms, etc.
* Designer Finishes: Contemporary dining room with high-end fixtures and a welcoming atmosphere.
* Chef’s Kitchen: Fully equipped with commercial-grade appliances and optimized for high-volume service.
The Residential Component: Single-Family Rental
Attached to the restaurant is a well-maintained single-family home, currently utilized as a rental property.
* Passive Income: Provides a steady, reliable monthly revenue stream from day one.
* Versatility: Perfect for an on-site manager’s residence, a long-term rental, or a short-term "AirBnB" style conversion.
The Future: Conceptual Apartment Development!
Maximize the "highest and best use" of this land. Included with the sale are professional conceptual drawings for multi-family residential expansion designed by the township engineer.
Concept A: 11-units ,1,236sf per unit over 3 floors (knock down all existing structures)
Concept B: 5-units, 1,200sf per unit over 2 floors and keep the existing restaurant but knock down the house
Concept C: 3-4 units, 1,500sf per unit over 2 floors and keep the existing restaurant but knock down the house
Concept D: 9-units, 1,000sf per unit over 3 floors (knock down all existing structures)
The "Hidden" Revenue: Active Truck Parking
While you plan your next move, the expansive lot doesn't sit idle. The property currently generates auxiliary income by leasing out truck parking spots—a high-demand service in this corridor with minimal overhead.
