431-433 Avenue C - Storefront Retail/Residential FOR SALE


Bayonne, NJ 07002
$1,299,800 USD
908-334-1151
431-433 Avenue C, Bayonne, NJ for Sale
$1,299,800 USD
Storefront Retail/Residential - FOR SALE
1/11
null | Request Cap Rate

431-433 Avenue C
Bayonne, NJ 07002


OVERVIEW

CORNER BUILDING Plus ADJACENT VACANT LOT = 50 x 100. Great Opportunity to own a Multi Use Plus Residential Building. 1st Floor has 2 Commercial Tenants. Plus 3 separate garages. 2nd Floor has 2 residential Apartments. Apt 1 (1 Bed 1 Bath) Apt 2 (Large 2 Bed. 1 Bath) All Units + Garages are Tenant Occupied (month to month). Zoned C-1 Neighborhood Commercial District. Permitted Uses: Residential, Commercial, Professional, Retail, Business, Medical Office, Salon & Spa, Church, Clubs, Coffee Shop, Take Out & More. Keep it or Build a 3 Story Multi Residential. Must Have a Ground Floor Commercial Space or Get a Variance to Release the Ground Floor Commercial to Residential. Get a Variance to Build a 5 Story Residential (13 Units or more). Zoning is 60% Lot Coverage. Units can be 600 square feet & 2 Bedroom Max. Parking Requirement is 1.25 per each 2 Bedroom Apt. Close to Shop Rite, Shops, Restaurants, Light Rail, Bus in Front of Building. Amazing Development Opportunity.

FOR SALE DETAILS

PRICE

$1,299,800 USD

PRICE/SF

$260 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

C

APN/PARCEL ID

01-00224-0000-00020,01-00224-0000-00021

ASK ABOUT THIS PROPERTY

Lidia GabinelliKeller Williams City Life JC RealtyMore Info
908-334-1151

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Lidia GabinelliKeller Williams City Life JC RealtyMore Info
908-334-1151

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