REQUEST A TOUR
$ 1,675,000
Est. payment | /mo
6,969 Sqft Lot
$ 1,675,000
Est. payment | /mo
6,969 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3933327
Year Built 1950
Annual Tax Amount $31,566
Tax Year 2023
Lot Size 6,969 Sqft
Property Description
Prime Commercial Opportunity with Residential Income! Welcome to this exceptional property featuring a versatile 5-storefront commercial building alongside a charming 2-family home, all situated on a single parcel of land in a bustling area. This unique offering is perfect for investors and business owners looking to capitalize on high foot traffic and diverse income streams. Commercial Building Highlights: 5 Retail Storefronts: Each storefront offers excellent visibility and accessibility, ideal for a variety of businesses such as retail, restaurants, or offices. High Foot Traffic Location: Positioned in a vibrant neighborhood, the property benefits from a steady stream of potential customers. Flexible Zoning: The current zoning allows for a range of business opportunities, making it easy to adapt to your vision. Residential Features: 2-Family Home: Perfect for additional rental income or owner-occupancy. Each unit features spacious living areas, eat-in kitchens, and separate entrances for privacy. Separate Utilities: Each unit has its own utilities, simplifying management for the owner. Investment Potential: This property not only provides a prime location for business but also offers the opportunity to generate consistent rental income from the residential units. With the growing demand for both commercial and residential spaces, this is an investment opportunity of a lifetime! Don't miss out on this rare find! Schedule a viewing and explore the endless possibilities!
Location
State NJ
County Essex
Zoning B-2
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling 2 Units
Equipment See Remarks
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block, Glass, Vinyl Siding
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle, Flat
Building
Lot Description Corner
Story 1
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by COMPASS NEW JERSEY, LLC