973 Columbus Ave – Turnkey Ethiopian Restaurant on the Upper West Side For Sale

Turnkey Ethiopian Restaurant in the Upper West Side For Sale
973 Columbus Ave, New York, NY 10025

Key Money: $125,000| Rent: $4250/mo| Size: 500 Sq Ft

Excellent opportunity to acquire a fully built-out, turnkey Ethiopian restaurant in the heart of the Upper West Side. This charming, efficiently designed space is ready for immediate operation and ideal for an owner-operator or expanding brand.

The restaurant features an electric kitchen with Type 2 venting, induction cooking equipment, refrigeration, a convection oven, and all necessary back-of-house infrastructure. All furniture, fixtures, and equipment (FF&E) are included in the sale, allowing for a seamless transition.

A major bonus is the large basement level, offering substantial storage capacity and operational flexibility. The basement also provides direct access to a backyard outdoor area, creating a unique opportunity for private events, or special gatherings—a rare feature for the neighborhood.

The layout and setup make this space perfectly suited for a takeaway concept, bakery, café, juice bar, or specialty food operation. The electric configuration offers flexibility for a variety of non-grease cooking uses while keeping overhead efficient.

Adding significant value is a below-market lease, providing long-term upside in one of Manhattan’s most desirable neighborhoods.

Highlights:

  • Turnkey Ethiopian restaurant
  • Prime Upper West Side location
  • Electric kitchen with Type 2 venting
  • Induction cooking, refrigeration & convection oven
  • Large basement with extensive storage
  • Basement access to backyard outdoor area (ideal for private events)
  • All FF&E included
  • Below-market lease with 9+ years remaining
  • Priced to sell

Ideal for an operator looking for a clean, ready-to-go space with built-in growth potential in a strong residential and retail corridor.

Serious inquiries only. Contact Evan Franca at evan.franca@theagencyre.com | +1 (917) 613-6374 for more information or to schedule a tour.