201 16th St - Storefront Retail/Residential FOR SALE


Union City, NJ 07087
$1,259,000 USD
201-445-4300
201 16th St, Union City, NJ for Sale
$1,259,000 USD
Storefront Retail/Residential - FOR SALE
1/51
null | 5.4% Cap Rate

201 16th St
Union City, NJ 07087


OVERVIEW

Investment opportunity right in the heart of Union City just a short distance from Hoboken sitting on the busy corner of 16th and Manhattan Ave! This mixed-use property offers the perfect blend of business and residential potential.The ground floor is home to Fork Hill Kitchen, a popular and successful restaurant that generates consistent revenue and attracts a steady flow of customers. Upstairs, there are three spacious and updated 2-bedroom, 1-bath apartments. Each unit has separate gas and electric utilities, keeping operating costs low. Plus, recent upgrades include a new roof (just 2 years old), new windows throughout the building and two brand-new water heaters, making this a true turnkey investment. *see floor plan.

FOR SALE DETAILS

PRICE

$1,259,000 USD

PRICE/SF

$580 USD /SF

CAP RATE

5.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

R

APN/PARCEL ID

10-00181-0000-00027

ASK ABOUT THIS PROPERTY

Theresa BrownKeller Williams Village Square RealtyMore Info
201-445-4300

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Theresa BrownKeller Williams Village Square RealtyMore Info
201-445-4300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.