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Toba Restaurant and Bar with Liquor License 447 Broadway 8,400 SF 100% Leased Retail Building Westwood, NJ 07675 For Sale

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EXECUTIVE SUMMARY

Exceptional Restaurant Property & Liquor License Opportunity — Downtown Westwood, Bergen County, NJ
Rare opportunity to acquire a fully improved restaurant property in the heart of downtown Westwood, one of Bergen County’s most vibrant dining and retail corridors. This sale includes both the real estate and a valuable consumption liquor license, offering unmatched potential for restaurateurs, investors, or operators seeking a premier location.
The property features a beautifully built-out, turnkey restaurant and bar space with quality finishes and an inviting layout ideal for full-service dining, craft cocktails, or a high-end concept. In addition, there are two existing tenants providing approximately $67,000 in annual rental income, which more than offsets the property taxes and provides positive cash flow from day one.
This is an exceptional investment and ownership opportunity combining:
• Prime downtown location in Westwood’s thriving restaurant district
• Ownership of both the real estate and liquor license
• Two rental income streams covering operating expenses
• Strong demographics and consistent pedestrian traffic
• Minutes from NJ Transit and major Bergen County highways
• Seller Financing available for qualified buyers
Whether for an owner-operator or investor, this property offers immediate income, long-term appreciation, and the unique value of a rare liquor license in a high-barrier-to-entry market. The flexibility of potential seller financing makes this an even more accessible and attractive opportunity.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,400 SF
Year Built/Renovated
1938/2024
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.96
Lot Size
0.20 AC
Zoning
CBD - Central Business District
Frontage
47’ on 447 Broadway

AMENITIES

  • Courtyard
  • Restaurant
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Air Conditioning
Walk Score®
Walker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Jazzercise
New York Sports Clubs
Starbucks
Valley National Bank
The Melting Pot
Columbia Bank
True Food Kitchen
Chase Bank
Stop & Shop
Trader Joe's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
67-00807-0000-00003
Land Assessment
$398,000 (2025)
Improvements Assessment
$1,904,400 (2025)
Total Assessment
$2,302,400 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 38182757

  • Date on Market: 10/23/2025

  • Last Updated:

  • Address: 447 Broadway, Westwood, NJ 07675

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