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$3,400,000 - 881 Route 10, Hanover Twp.

-
Bedrooms
-
Baths
2,200
SQ. Feet
1970
Year Built

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.

Essential Information

  • MLS® #:
    3878053
  • Price:
    $3,400,000
  • Square Footage:
    2,200
  • Acres:
    0.00
  • Year Built:
    1970
  • Type:
    Commercial
  • Status:
    Active

Community Information

  • Address:
    881 Route 10
  • City:
    Hanover Twp.
  • County:
    Morris
  • State:
    NJ
  • Zip Code:
    07981-1104

Amenities

  • Utilities:
    Electric, Gas-Natural
  • Parking Spaces:
    50
  • Parking:
    Blacktop, Parking Lot-Exclusive

Interior

  • Heating:
    Gas-Natural
  • # of Stories:
    1

Exterior

  • Exterior:
    Brick
  • Lot Description:
    Level Lot
  • Roof:
    Flat, Slate

Additional Information

  • Date Listed:
    December 12th, 2023
  • Days on Market:
    144
  • Zoning:
    B-10

Listing Details

  • Listing Office:
    Re/max Town & Valley Ii

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Listing information last updated on May 4th, 2024 at 5:03pm EDT.