Penny Lane Realtors
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Great Investment Opportunity!!This building consist of 8 units with 6 one bedroom and 2 commercial spaces. the rents are as follow: Apartment1 $850; Apartment 2 $1,000; Apartment 3 $850; Apartment 4 $1,000; Apartment 5,$1,500; Apartment 6 $900; store(1) $1,500; Store(2) $3,000.
Located at the bustling intersection of Park Ave and N 16th in East Orange, this commercial property presents a lucrative opportunity for investors and developers alike. Comprising two adjacent lots at 50 Park Ave and 44 Park Ave (13400 sqft), this corner lot boasts high visibility and exposure, making it an ideal spot for a range of businesses. Currently operating as an automobile repair shop.Zoned as Commercial 4A, versatile usage options: retail, office space, service-oriented. Situated at a prominent intersection, the property benefits from heavy foot and vehicle traffic, ensuring maximum exposure for any business venture. Development Potential: In addition to its current use, the property holds significant development potential. With plans in progress to obtain a residential permit for a 16-unit building, investors have the opportunity to capitalize on the burgeoning demand for housing in the area. The corner lot configuration offers maximum visibility and accessibility, making it an attractive location for businesses seeking to establish a strong presence in the community. #Buyer is responsible for conducting their own due diligence about zoning & development. Don't miss out on this exceptional opportunity to invest in a prime commercial property.
6 Family home with parkling for approx 8 cars. Solid all-brick building fully rented in good condition. Great investment opportunity. Features 5-3 bedroom 1 bath apartments and 1-2-bedroom 1 bath apartment. All have eat-in-kitchens & living room. 2 coin-operated washer/dryers for added income. Roof is approx 10 years old. Landlord provides heat for 3 units, 3 units have separate heat/central ac. Each tenant pays own hot water, cooking gas & electric. 5 apts have leases expiring July 31, 2024. Rent amounts: 1R-$1,163 1L-$1,417 - 2R-$1,560 - 2L-$1,417 - 3R $1,184 (m/m)- 3L-$1,388. Gross Income: $97,588 yearly - Laundry Income: Between $1,200 - Expenses: $7,000 (heat and electricity) Water: $4,700 Insurance: $6,445 yearly Maintenance: $2,040 (garbage and snow removal). Exterminator: $1,200 yearly - Boiler Worry free program - $1440 Year. Total Expense $35K Approx Net $64K.
two seperate garages with two bays each Both with parking in front Being sold as one property and can be delivered vacant
This beautifully maintained three-story brick apartment building exudes undeniable curb appeal, characterized by its unique architectural features and immaculate landscaping. Comprising a total of seven units, each residence offers ample living space thoughtfully renovated to align with modern living concepts, complete with three bedrooms and one full bath. The kitchens are equipped with stainless steel appliances and seamlessly flow into spacious living and dining areas. For added comfort, central air conditioning is provided in each unit. Furthermore, the property features a full basement and a significant perk: parking for up to six cars is available. Situated conveniently near two train stations, shopping centers, and a variety of restaurants, this opportunity is not to be missed.
Great opportunity to own commercial space currently set up as a Salon/Barber shop. Conveniently located off Central Ave in close proximity to GSP & 280.
Well established body shop for sale in prime location. 6300 sqft of incredible space including spray booth, 3 garage door entrances, office space, customer bathroom, and full upstairs office/apartment with washer/dryer and full kitchen with granite countertops and stainless steel appliances. 3 units total, one currently rented by long time tenant with well established mechanic business. Large parking lot with tons of space for cars, machinery etc. Take your auto business to the next level, or rent out the space for income potential.
2630 SF of "Raw" Commercial space in the hat City Lofts Building. 475 South Jefferson Street is located within the City of Orange Township's Central Valley Redevelopment Area, District 2. Listed below are the permitted uses within this zone. In a mixed use structure, such as 475 South Jefferson Street, any commercial use that involves the sale of goods or services carried out for profit, is permitted. A 20 Yr Tax abatement makes the cost of ownership lower than the cost to rent similar spaces. Commuter friendly-Walking distance to the NJ transit Orange Highland Ave Train station, or a quick car ride to the East Orange Train Station or drive 5 Mins to the South Orange NJ Transit Train Station. Buyer is responsible to build out and option the certificate of occupancy from the municipality
Mechanic shop for sale in R3 zone, fits multiple cars on lot plenty of space for parking. Zoned for mechanic shop or multi-family. Located in a great area! You don't want to want miss this! Property is being sold AS IS! 24-hr notice.
Exceptional Auto Body Shop for Sale! Situated in the heart of Caldwell, this auto body shop enjoys a strategic location with easy access to major thoroughfares, ensuring a steady flow of customers. Take advantage of the established community and proximity to potential clients. Address: 139 Roseland Ave, Caldwell, NJ Building Size: 2355 sq. ft. Lot Size: 5781 sq. ft. Zoning: RD/OP - Offers flexibility for auto-related businesses and potential redevelopment into Garden Apartments. Cap Rate: 8.28% Gross Income: $80,400 Expenses: $12,053 (Property taxes) NOI: $68,347 Property Taxes: $12,053. Auto Body Shop Features: 4 Bays w/ ample space for simultaneous work on multiple vehicles, enhancing productivity; 1 Spray Booth w/ state-of-the-art facility to ensure precision and perfection in every paint job; 1 office; and 1 bathroom. Investment Highlights: AUTO BODY BUSINESS SINCE 1975 w/ tenant currently in place with a 5-Year Lease. Used Car Dealership's License Included. Zoning Opportunities: RD/OP zoning not only supports the existing auto body shop but also allows for possible redevelopment of the property into Garden Apartments.
Restaurant + 1 Apartments with 2 Bedrooms. Central air/central heat. Restaurant in good condition. Sold as a package deal with 296-298 Park Ave Newark
Looking for an investment? Your search is over! Come see this 2 building apartment complex, being sold as a package for $2.3M with the adjacent parcel/building at 302 Halsted St. (MLS#3858121). The complex consists of 2 detached brick and sided 3-story buildings with each building containing a total of 6, 2 bedroom units and a total gross area of 9,120 square feet. A covered main entrance greets you at each building. Each unit consists of nice-sized living room/dining room combos, eat-in kitchens with stainless steel frigs, stoves, microwaves, dishwashers, and a bathroom. Each unit also boasts a balcony off the main bedroom and Central Air. Featuring full unfinished basements below each building. Convenient to shopping, restaurants, and 2 train stations. Don't miss out on this opportunity!
Looking for an investment? Your search is over! Come see this 2 building apartment complex, being sold as a package for $2.3M with the adjacent parcel/building at 298 Halsted St. (MLS#3858119). The complex consists of 2 detached brick and sided 3-story buildings with each building containing a total of 6, 2 bedroom units and a total gross area of 9,120 square feet. A covered main entrance greets you at each building. Each unit consists of nice-sized living room/dining room combos, eat-in kitchens with stainless steel frigs, stoves, microwaves, dishwashers, and a bathroom. Each unit also boasts a balcony off the main bedroom and Central Air. Featuring full unfinished basements below each building. Convenient to shopping, restaurants, and 2 train stations. Don't miss out on this opportunity!
Mixed-use building. Laundromat and two updated apartments. 1 bedroom apartment $1,250 lease expire 2/28/2025. 2 bedroom apartment $1,750 expire 7/31/2024. Minutes from bus and NYC transit. $599,000 includes TURN-KEY laundromat both business and equipment. Open 20+ years. Loyal customer base. Substantial upside potential with some updates and investments. Overnight street parking with permit. Mix-use financing. NO FHA. AS-IS. Photos from previous listing.
This legendary business is well established in the city of Newark over 50 years of great services and great sandwhiches. If you know you know yes its "Coopers" this property is now waiting for its new owner. The famous deli also has a class C liquor license. The 2nd and 3rd floor have incredible space and be used as apts or your own office our possibly a second business venture. If you want to own a small piece of history here in the city of newark it dont get no better than this. This is an income producing property with so much more potential to create a true oasis. The establishmnet is non - stop business
Presenting an enticing investment prospect at 114 Eagle Rock Ave, Roseland an exclusive opportunity for developers and investors. This furnished modern farmhouse rental property, nestled on 1.63 acres (0.25 acre zone) with a vacant lot bordering Essex Fells, comes with a guaranteed lease boasting 18 months remaining at $12,000/month. Secure over $200K in future rental income while creating your development possibilities or building additional rental opportunities. The property's blend of modern amenities, smart technologies, architectural design and scenic views enhances its appeal for developers and investors seeking a unique opportunity for development or additional rental options. The inclusion of a 1.06 acre vacant flag lot expands possibilities, allowing for creative development strategies. The property's features, such as 5.5 spa-like baths, Thermador chef's kitchen, spacious bedrooms, and serene surroundings, adds to its allure. The potential to build on the rear lot while generating income from the front home or exploring various development options makes this a versatile investment prospect.
Prime Location in North side of Newark with 3 store front and over 5500 sqft. One story building with parking with 3 active businesses. Businesses are 1 grocery store, 1 flowers/gift shop & Nutrition/ restaurant.
Mixed use store and house for sale. Close to shopping, transportation with parking for 8 cars. Make your vision become a reality!
Ready to use commercial space. Come in and design any business you can think of. The space is part of the Urban Empowerment Zone. All plumbing and electrical ahs ben updated. The space has been completely renovated and ready to deign any business you are looking to put there. Very easy to get to being within walking distance of Mountain and Highland train station. Bus stop in front of the building. This is a location is a gem that will shine once you place your business here. Let's make it yours.
Rare opportunity to own the ONLY commercial building in the sought-after suburban community of Essex Fells! With a handsome stone, stucco and frame exterior, it looks more like an elegant residence than an office. First and second floors each offer 2,400 sq. ft. of space with private offices, open areas, conference rooms and lavatories. 1,800 sq. ft. of offices, open space and lavatory on 3rd floor. Large reception area and eat-in Kitchenette on first floor. Parking for 20 cars. Separate entrances and rear stairs facilitate leasing different floors, if desired. EXCELLENT POTENTIAL FOR RESIDENTIAL USE SUBJECT TO MUNICIPAL APPROVAL. Convenient to Grover Cleveland Park, shopping, dining, major highways and NYC transportation
Ideally located on a main thoroughfare this freestanding building is a perfect investment opportunity for those looking to add value and gain additional income. A fixture in the town for over 50 years, this site is ready for new ownership. The site sits on a 7500 square-foot lot and zoning allows for a second level to be added. Perfect for retail investment, Medical, Mixed, use development, and much more!
LOCATION, LOCATION, LOCATION. For sale commercial building with Reception Area, 2 offices, conference room, kitchen, business center, 3 entrances, tons of space for storage, secure with remote controlled fencing. With 5000 ft of space-2500 ft on the first floor and 2500 ft in the basement. Separate entrance to the basement and three entrances from the first floor. Parking for about 15 vehicles. Distance away from bus and train stations, schools, and hospitals. Great locations. Open to many BUSINESS Opportunities..
Location location Location! Calling all entrepreneurs and investors. Do you want to be your own boss? Grab this business opportunity by the horns and make 2024 your year. This Nail salon has a large clientele base and hundreds of thousands of vehicle traffic per day. Ideally located in route 21 plaza; offers your business unlimited potential. Currently generating $7,000 - 10,000 per week! Featuring 10 workstations 6 pedicure chairs with aqua massage Waiting area Security system 14 executive comfort chairs Services offered Acrylic, crystal, manicure, LCN Gel, hand design , gel gloss, clear tip, eyelash, UV Gel Manicure, waxing.
