Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1920
Sq.Footage
3,262
Prime mixed-use commercial property with strong income and development potential. This well-maintained 2-unit building sits on 0.72 acres and features an exclusive 25+ car private parking lot. The lot measures 176' on the street side, 208' on the left, 191' at the rear, and 144' on the right. The first floor is leased to an established gentlemen's lounge with four years remaining on the lease, and the tenant holds rights to a liquor license, offering stable income. The second floor consists of a spacious 2-bedroom apartment currently rented on a month-to-month basis, allowing flexibility for future use or repositioning. An additional revenue stream comes from a 60-foot standalone sign pole located in the back parking lot, which pays monthly rent. Conveniently located off Route 80 and Route 46, this property offers excellent visibility and easy highway access. With multiple income sources, ample on-site parking, and strong redevelopment potential, this is an outstanding opportunity for investors or owner-users seeking a high-exposure location with upside. 1st floor business pays $6,240 per month, 2nd floor 2 Bedroom brings in $2,000 per month. , and the advertising poll pays $1,125 per month.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s)
-
Heating YN
YES
-
Heating
Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Aluminum Siding, Vinyl Siding, Wood Siding
-
Parking
Off Street
-
Pool
No
-
Waterfront YN
YES
Area & Lot
-
Lot Features
Level, Waterfront
-
Lot Size(acres)
0.72
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$949,000
-
Tax Amount
$13,454
-
Zoning
Commercial
-
Sq. Footage
3,262
-
Price/SqFt
$290
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Ownership
Fee Simple
-
Sewer
Public Sewer
-
Tax Lot
*
-
Water Source
Public
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Location
County
Passaic
Elementary School
Middle School
High School
Listing Courtesy of None , REALTY ONE GROUP LEGEND
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