Skip To Content

881 Route 10

Hanover Twp., NJ 07981
  • $3,400,000
  • STATUS: Active
  • ON SITE: 195 Days
  • MLS #: 3878053
UPDATED: 113 min ago
$3,400,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,200
    SQFT
  • $1,545
    $/SQFT
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

Description

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.

Monthly Payment Calculator



Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dekanski Home Selling Team :: RE/MAX 1st Advantage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Dekanski Home Selling Team :: RE/MAX 1st Advantage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-06-25T14:46:55.627.
www.gardenstatehomesearcher.com/homes/146019205
Print Image

881 Route 10 Hanover Twp., NJ 07981

  • Price: $3,400,000
  • Status: Active
  • On Site: 195 Days
  • Updated: 113 min ago
  • MLS #: 3878053
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,200
SQFT
$1,545
$/SQFT
1970
Built
County:
Morris
Area:
Hanover Twp.
Property Description
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.
Exterior Features

Approximate Lot Size 1.76 acre Available Parking Spaces 50 Construction Brick/BlockSee Remarks Exterior Description Brick/Block Location Highway Location Lot Description Level Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description BlacktopParking Lot-Exclusive Roof Description FlatSlate

Interior Features

Basement No Cooling Multi-Zone Cooling Equipment Available Exhaust SystemFire AlarmKitchen AreaRefrigeration UnitRestrooms - PublicSign - FreestandingSmoke Detector Floors CarpetingConcreteTile Heating Forced Hot AirMulti-Zone Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 2 Office Sq Ft 0

Property Features

For Sale Or Lease For Sale Fuel Type Gas-Natural Primary Property Type RestBar Property Type Restaurant/BarStore With Apartment Sale Includes Building & BusinessEquipmentInventoryOperating Licenses Sewer Public Sewer Suite Number 0 Tax Amount 19799 Tax Rate Amount 2.099 Tax Rate Year 2023 Tax Year 2023 Utilities ElectricGas-Natural Water Public Water Year Built Description Approximate Zoning B-10

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Re/Max First Choice Realtors Ii: 973-650-0893.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dekanski Home Selling Team :: RE/MAX 1st Advantage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Dekanski Home Selling Team :: RE/MAX 1st Advantage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-06-25T14:46:55.627.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3878053-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3878053-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3878053-2.jpg
Logo
The Dekanski Home Selling Team :: RE/MAX 1st Advantage
170 Inman Avenue
Colonia NJ, 07067