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1449 Irving St 2,532 SF Retail Building Rahway, NJ 07065 $799,000 ($315.56/SF)
Investment Highlights
- Zoned CBD-1 which provides a multitude of approved uses in a city looking to rapidly improve their business district
- Outside private patio with built out bar
- Already built restaurant with high end kitchen ready to be used
Executive Summary
Turnkey Restaurant with Bonnet Maestro Suite | Downtown Rahway | Across the street to NJ Transit
Property Overview
An exceptional turnkey restaurant opportunity in the core of downtown Rahway's dining and arts district. This ±2,532 SF multi-story building (built 1900) sits one block from the Rahway train station — one of NJ Transit's busiest — on a walkable, pedestrian-oriented block with strong daytime and evening foot traffic. The sale includes a Bonnet Maestro cooking suite, a bespoke French-engineered range trusted in Michelin-caliber kitchens, allowing an operator to bypass a six-figure kitchen build-out and begin service immediately. A dedicated outdoor patio adds al fresco seating and street presence. Zoned CBD-1 within the Central Business District Redevelopment Plan, the property supports full-service, liquor-licensed dining, with generous upper floors suited to private dining, event space, offices, or income-producing apartments.
Investment Highlights
Turnkey restaurant — Bonnet Maestro French cooking suite included
Prime downtown Rahway location, 1 block to NJ Transit rail station
±2,532 SF multi-story storefront on a high-visibility, walkable block
CBD-1 zoning: restaurants and liquor-licensed dining permitted by right
No off-street parking required to reuse the existing building
No Liquor License
Value-add upside: upper-floor private dining, offices, or apartments
Steps from Union County Performing Arts Center & Rahway Arts District
Property Type: Retail / Restaurant (multi-story) · Building Size: ±2,532 SF · Lot: ±0.06 AC · Zoning: CBD-1 (CBD Redevelopment Plan) · Block/Lot: 317 / 12
Property Overview
An exceptional turnkey restaurant opportunity in the core of downtown Rahway's dining and arts district. This ±2,532 SF multi-story building (built 1900) sits one block from the Rahway train station — one of NJ Transit's busiest — on a walkable, pedestrian-oriented block with strong daytime and evening foot traffic. The sale includes a Bonnet Maestro cooking suite, a bespoke French-engineered range trusted in Michelin-caliber kitchens, allowing an operator to bypass a six-figure kitchen build-out and begin service immediately. A dedicated outdoor patio adds al fresco seating and street presence. Zoned CBD-1 within the Central Business District Redevelopment Plan, the property supports full-service, liquor-licensed dining, with generous upper floors suited to private dining, event space, offices, or income-producing apartments.
Investment Highlights
Turnkey restaurant — Bonnet Maestro French cooking suite included
Prime downtown Rahway location, 1 block to NJ Transit rail station
±2,532 SF multi-story storefront on a high-visibility, walkable block
CBD-1 zoning: restaurants and liquor-licensed dining permitted by right
No off-street parking required to reuse the existing building
No Liquor License
Value-add upside: upper-floor private dining, offices, or apartments
Steps from Union County Performing Arts Center & Rahway Arts District
Property Type: Retail / Restaurant (multi-story) · Building Size: ±2,532 SF · Lot: ±0.06 AC · Zoning: CBD-1 (CBD Redevelopment Plan) · Block/Lot: 317 / 12
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,532 SF
Building Class
C
Year Built
1900
Price
$799,000
Price Per SF
$315.56
Building Height
3 Stories
Building FAR
0.95
Lot Size
0.06 AC
Zoning
CBD-1
Frontage
33’ on Irving St
Moderately walkable
60/100
Moderately drivable
70/100
Exceptional public transit
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 13-00317-0000-00012 | Improvements Assessment | $137,000 |
| Land Assessment | $38,000 | Total Assessment | $175,000 |
Property Taxes
Parcel Number
13-00317-0000-00012
Land Assessment
$38,000
Improvements Assessment
$137,000
Total Assessment
$175,000
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1449 Irving St
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