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$ 650,000
Est. payment | /mo
2 Baths
$ 650,000
Est. payment | /mo
2 Baths
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260022328
Full Baths 1
Half Baths 2
Annual Tax Amount $10,080
Lot Dimensions 25x95
Property Sub-Type Investment
Property Description
Building fully renovated in 2020! Exceptional opportunity to own a mixed-use property in one of Bayonne's most desirable, high-visibility commercial corridors! This versatile property features one residential rental unit and one street-level commercial storefront, offering excellent potential for investors and business owners alike. The building underwent a full renovation in 2020, featuring numerous modern upgrades throughout both units. The first-floor commercial office space was completely renovated with all-new rooms, bathrooms, doors, windows, flooring, electrical wiring, light fixtures, plumbing, water heater, drop ceiling, and a new central air conditioning and heating system. The second-floor residential apartment also received extensive upgrades, including new flooring, electrical wiring and fixtures, plumbing, doors, select new windows, a new water heater, heating system, drop ceiling, and a renovated kitchen and bathroom. The commercial space is currently occupied by a long-standing, reliable tenant who would love to remain, providing an attractive opportunity for continued rental income. Basement: Also renovated, offering additional improvements and functionality. An added bonus is the versatile open yard space, offering tremendous flexibility and potential for a variety of business uses or tenant access, subject to landlord consent and applicable city approvals. Situated along a high-traffic corridor with outstanding exposure, the storefront offers excellent visibility and potential for a wide range of business uses. Conveniently located near the Hudson-Bergen Light Rail, NYC bus transportation, shopping, dining, and beautiful Hudson County Park. An incredible opportunity to invest in a PRIME Broadway location with modern upgrades, established rental income, flexible outdoor space, and long-term upside. Don't miss out!
Location
State NJ
County Hudson
Area Bayonne
Listed by KELLER WILLIAMS CITY LIFE REALTY
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