371 Pittstown Rd - Storefront Retail/Residential FOR SALE


Pittstown, NJ 08867
$990,000 USD
908-304-5089
371 Pittstown Rd, Pittstown, NJ for Sale
$990,000 USD
Storefront Retail/Residential - FOR SALE
1/30
null | 6.04% Cap Rate

371 Pittstown Rd
Pittstown, NJ 08867


OVERVIEW

EXCELLENT INVESTMENT OPPORTUNITY. This two story mixed use building containing approximately 7,238 square feet was originally constructed circa 1887. The first floor is utilized as commercial space and the second story is two residential apartments. The first floor is currently divided into two units . One is a popular Italian Restaurant with a Ice Cream Take Out and the other is a well established Dental Practice. The second floor apartments consist of a two bedroom unit with a full bath and a three bedroom unit with a full bath. Amenities include dishwasher, stove, refrigerator, washer and dryer. Oil fired radiator heat and hot water are included with the rents. The tenants pay their own electric. The property is served by a private septic and well. The commercial space has central air conditioning and the apartments use window A/C units. A large paved parking lot adjacent to the building with lighting for tenants and customers. Excellent community, easy access to Routes 78,22,287 &31. Close to rail and bus service to NYC.

FOR SALE DETAILS

PRICE

$990,000 USD

PRICE/SF

$137 USD /SF

CAP RATE

6.04%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1887

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

NB

APN/PARCEL ID

10-00026-0000-00010

ASK ABOUT THIS PROPERTY

Ernest TufoColdwell Banker Residential BrokerageMore Info
908-304-5089

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Ernest TufoColdwell Banker Residential BrokerageMore Info
908-304-5089

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