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West Milford Twp.,NJ 07421
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 6,564 sqft
Price per Sqft $228
MLS Listing ID 3962125
Year Built 1966
Annual Tax Amount $22,865
Tax Year 2024
Lot Size 1.720 Acres
Property Sub-Type Mixed Use
Property Description
Diner and a 5 bed 2 bath over under configured residence for owners or staff commanding the southwestern corner of Greenwood Lake on the primary route to Greenwood Lake Village and Warwick NY! An almost 2 acre lot accessed from two streets, 180 feet on Greenwood Lake Turnpike, Route 511 where it becomes Union Valley Road intersecting Lakeside with 235 feet of additional road frontage. There is a newly paved and striped oversized parking lot in this prime location with well established classic charm and timeless appeal, a hotspot for locals and visitors alike. This diner with a 2 apartment-type house currently producing 52800 in annual rental income is a canvas for culinary entrepreneurs and business visionaries alike with the nearest diners an average of 20 miles or 30 minutes away. A hub of year round activity awaits your dining creativity. There are 22 dining booths, 10 free standing tables, 11 counter stools and an outdoor seating area for customers. The kitchen has 10 and 6 burner gas ranges, 2 grills, 3 fryolators, prep counters and sinks, an oversized dishwashing station and more, a high-capacity set-up. A full basement has 4 additional walk-ins and multiple partitioned structural steel and block surrounded storage spaces. The oversized parking lot fronts both Greenwood Lake Turnpike and Lakeside Road heading up the west side of the iconic public motor boating lake with marinas all around that is half in New York and half in New Jersey.
Location
State NJ
County Passaic
Zoning Lake Commerce
Rooms
Basement Storage, Unfinished, Walkout
Interior
Heating Gas-Natural
Cooling 2 Units
Flooring Concrete, Laminate, Vinyl-Linoleum
Equipment Appliances, Exhaust System, Fixtures, Furniture, Handicapped Access, Kitchen Area, Refrigeration Unit, Restrooms - Private
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block, See Remarks, Vinyl Siding
Garage Spaces 90.0
Utilities Available Gas-Natural
Roof Type Asphalt Shingle, Flat
Building
Lot Description Level Lot
Story 1
Sewer Septic
Water Well
Others
Ownership Fee Simple