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Listed by Angela Cuciniello Coldwell Banker, Hoboken
$ 1,725,000
Est. payment /mo
Price Dropped by $174K
1-3 Hawthorne AVE Park Ridge, NJ 07645
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Res/Com Mixed
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25000289
Style Res/Com Mixed
Property Sub-Type Res/Com Mixed
Property Description
Investor Bliss...A Golden opportunity awaits.. in this Massive Mixed use-turn key investment building. Ideally located in the high traffic center of burgeoning Park Ridge. It's Premier Coveted Corner location sits on the most desirable Eye catching corner lot with enormous exposure & prominent visibility. Comprised of 7 units; 2 Residential 1 Bedroom apartments; 1-Two story retail store. 81 Park Ave; 1 Cafe, 75-79 Park Ave: 3-commercial offices, currently combined & leased to Chiropractor offices. This dream investment property is zoned NB; neighborhood bus. district, measuring 6850+-sq. ft. It offers nearly a 5% cap rate w/ upside growing annually & No Rent Control in the township. Ponder the possibilities; pure investment, occupy while generating income, site re-development with additional residential and commercial, re-purpose your business. Surrounded by new Residential Developments, a Stellar premier location, adjacent to the Iconic Park Ridge train Station w/ direct service to NYC Penn Station-a Dream Commute! Contact listing Agent Angela Cuciniello for more 201. 657-6084. Don't Miss out!
Location
State NJ
County Bergen
Others
Virtual Tour https://vimeo.com/1043780566?share=copy#t=0
