Penny Lane Realtors
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Beautifully landscaped Corner office condominium complex, centrally located with easy access to Rte.'s 23, 46, 80 & 287. Medical or Professional office suite. Convenient park and walk in level (no stairs).No elevators needed. Plenty of parking. Waiting and reception area. 1 bathroom. 3 exam rooms 1 X-ray room, 1 break room and one private professional office.
This value add offering consists of 2 Legal Properties, 30 W. Fort Lee Rd. and 42 W. Fort Lee Road. The subject properties contain approximately 6,766 SF of rentable space divided up into 10 separate units. The unit sizes are approximately 900 SF, 715 SF and 600 SF each. 1 of the 10 units has a 10 foot roll up door. Each unit pays their own heat/hot water and has a fully sprinklered basement. As of 3/8/24 there are 3 vacant units on site and the current monthly income is $9,650 per month. 4 of the units are month to month tenants Fully rented this asset should bring in approximately $14,150 per month without raising any of the rents on the month to month tenants in the property. Once fully occupied the Cap Rate at the list price should be approximately 8%. Bringing the additional month to month tenants rent to the market rate should increase the monthly gross income to approximately $15,550 per month bringing the cap rate up to 9.8%
Seize the opportunity to own two side-by-side mixed-use properties in the heart of Teaneck, New Jersey. These well-positioned buildings present a rare chance to acquire significant real estate assets in a bustling commercial district. Currently yielding a 6.81% cap rate, these properties offer substantial upside potential with projected rents that could increase the cap rate to approximately 9.85%.Both properties feature a blend of retail and residential units, creating a balanced income stream that leverages Teaneck's dynamic market dynamics. The commercial spaces are ideally suited for high-traffic businesses seeking visibility and accessibility, while the residential units appeal to a steady rental market, ensuring continuous occupancy.Invest in a location that stands the test of time, offering both immediate returns and long-term growth potential. These legacy buildings represent more than just an investment; they are a cornerstone for future generations to build upon.Ideal for savvy investors looking to expand their portfolio with stable, high-yield assets, these properties promise not only financial rewards but also the opportunity to own a part of Teaneck's vibrant community. Don't miss out on this incredible investment opportunity to buy into a location and legacy that will deliver returns for years to come.
MODERN AND CLEAN BUILDING APPROX 1420 SQ FEET WHICH CONSISTS OF OFFICE SPACE AS WELL AS AN AREA FOR STORAGE OR LIGHT MANUFACTURING. GREAT SPACE FOR A CONTRACTOR. THE BACK YARD SPACE HAS ROOM FOR ABOUT 10 VEHICLES AS WELL AS CONSTRUCTION SUPPLIES. BE THE FIRST TO SEE THIS COMMERCIAL SPACE WITH A GREAT LOCATION AND ACCESS TO MAJOR HIGHWAYS.
Beautifully decorated office space and two 2-BR apartments located in the Botany Village. Office space includes private offices, kitchen/lunchroom area, meeting area and restrooms. This strategic location ensures easy access for employees and clients alike, facilitating smooth commuting and enhancing business opportunities. This office enjoys close proximity to major highways including Route 80, 46, 21, 3 and the GSP.
Beautifully appointed 5400 sqft commercial building with timeless elegance and sophistication. Built in 1915, the property has undergone meticulous restoration and additions, seamlessly blending modern amenities with classic architectural details. Across three floors, find 12+ individual offices, multiple common meeting rooms, and five bathrooms. The expansive dry and clean basement provides ample storage space to meet many needs. 20+ parking spaces available to accommodate employees and visitors. Utilize as a corporate headquarters, professional practice, or creative workspace, this distinguished property presents a rare opportunity to establish a prestigious presence.
Nestled in the bustling heart of town, this mixed-use property offers the ultimate in convenience and potential. The ground floor welcomes patrons with a chic salon, boasting a prime location for visibility and foot traffic. With its modern design and inviting atmosphere, the salon sets the stage for success in the heart of the community. With its mix of commercial and residential spaces, this property presents a unique opportunity for investors and entrepreneurs alike. Whether you're looking to establish a thriving business or seeking a place to call home in the heart of town, this versatile property promises endless possibilities. Don't miss your chance to be part of this dynamic community and make your mark in the heart of it all
This restaurant operates as a largely cash-based business. We are currently finalizing a profit and loss statement, which will be available to serious buyers. Interested buyers will find this as an outstanding opportunity to own a thriving restaurant with an established customer base in a prime location. With everything in place for you to take the reins, you'll be ready to welcome loyal and new customers alike from day one. Serious inquiries only, please. Proof of funds required before financial disclosures are shared. Well-Established: Palenque Bar & Grill is an established and successful Mexican restaurant destination within the vibrant community of Botany Village. Fully Equipped: The sale includes all appliances, furniture, and fixtures, allowing the new owner to seamlessly continue operations. Liquor License: A valuable liquor license is part of the sale package, a coveted asset that promises continued growth and patronage. Staff Retention: Current employees are willing to remain with the restaurant, providing continuity and an experienced team for the new owner. Take advantage of this rare chance to own a fully equipped and profitable restaurant in the heart of Clifton. Don't miss out on this incredible opportunity to tap into a bustling dining scene with a turnkey operation.
Whether you're a seasoned groomer looking for a new venture or a passionate entrepreneur ready to dive into the world of pet care, this is your chance! Established pet grooming business, proudly serving the community for 16 years, is now up for grabs, and it comes with everything you need to continue the legacy of pampering pets to perfection. Receive our turnkey business including our client database, providing you with a head start in retaining loyal customers and expanding your reach.BUISNESS ONLY FOR SALE - NOT THE BUILDING
Great Opportunity to own TWO storefronts side by side for the price of one! Larger storefront has a full basement with access from inside. With a little TLC this can be a turnkey investment!Nestled in the heart of the downtown area of Pompton Lakes, comes an abundance of foot traffic and opportunity. Great visibility with a lot of activity. There is an ample amount of on street parking located in the front of the property and huge parking lot for additional parking available in the rear of the property. There is a possibility to build a second floor, adding more units. Buyer to perform due diligence for additional build.
Welcome to City Deli & Grill, a turn key opportunity to take over this established deli/grill or to bring your own ideas and make this business your own. The inside was renovated by the owner only 2 years ago with a modern touch with a blend of rustic elements. The large eating are presents a great opportunity to add more tables, or to keep as is. The back room is a storage area for inventory and contains an office room with a private bathroom for the owner. All of the equipment was purchased brand new and will be included in the sale. This is centrally located in one of the busiest sections of booming Passaic City. There are countless stores in the strip, a Home Depot across the street and a brand new school down the street. Best of all there is a large parking lot that presents a great opportunity to grab not only the foot traffic but any driver that does not want to drive around searching for parking. If you have been searching for an opportunity to take over or start your own business, it has arrived.
A unique opportunity to own a commercial property in the heart of Hasbrouck Heights. The first floor is currently set up as a barber shop with half bathroom. There is an open stairway to the unfinished basement providing mechanicals and storage. A side entrance grants connecting entrances to the second floor unit and rear entrance to the barber shop. The second floor is a large one bedroom unit that offers a den, sunroom, eat in kitchen with laundry, formal dining room, living room and full bathroom. There is an additional private rear entrance with access to the private fenced in backyard. 8 off street parking spaces complete this incredible building. U/G oil tank was removed with paperwork on file. Selling in strictly as is condition with no repairs or credits from seller. Barbershop fixtures, stools and home contents will be sold separately from the building sale. Coming to market after 71 years in the same family, don't miss an opportunity like this one.
EXCELLENT OPPERTUNITY - To own Auto Service Center with Retail Auto sales site. 4 Bay service garage with lifts, tire service, parts storage, Customer service desk and restroom on Ground Floor. 2 Business offices and restroom on 2nd floor. Adjacent parking lot for 20+ vehicles, storage unit and potential covered detail area. Sale includes Dealer License. Property is on 2 lots off main thoroughfare Midland Ave. Current Non- Conforming Use can remain. Possible residential development site.
Fabulous opportunity to purchase long established florist business in a highly visible commercial building on the main thoroughfare and close to Rt. 46 and I-80. One story commercial building with daylight, walk-out basement, is in a CBD zone and has been in the same family since 1960. The family has operated a well respected florist shop there for over 58 years! First floor measures approximately 41' x 22' (821 sq.ft.), is completely open with no interior walls - imagine the possibilities! The full basement is partially finished and makes for a great workshop/preparation area, storage area, half bath, interior and exterior access. Quaint river views! Not in a flood plain! Large plate glass windows along sidewalk! Deck & wood shed "as is". 200 amp electric. Two operational gas space heaters. One wall a/c unit. Average reported gross income, excluding Covid Years is approx. $133,000. Owner is retiring.
NEW commerical 4 unit building. (Projected Gross Income $150,000 per year) This versatile property encapsulates both adaptability and potential for a variety of commercial ventures. building totaling approx. 4500 +/- SQFT on a (17,860).41 acre lot thus opening avenues for "potential development" "No variance needed to add 5 to 6 apartments, according to architect * ALL Tenants Operating under a triple net lease, the restaurant is willing to relocate at any time for suitable consideration, currently paying around $3900 with two renewable 5-year terms. Simultaneously, the Fire chicken & Grill, paying approximately $2,000, has a lease . The two Middle unit presently vacant, a prior The dentist office is approximately 860sq ft each side for total of about 1721. The range of possibilities for utilization is extensive whether reviving it as a prosperous dentist's office or transforming it into an accountant's office, nail/hair salon, acupuncture studio, or physical therapy practice
Welcome to your Salsa Cafe Restaurant, a turn key opportunity to take over this established Caribbean Cuisine restaurant in Bergen County. The owners have meticulously maintained and established a cliental for over 15+ years. The establishment has a steady flow of clients with their lunch specials, while having a large indoor area for seating, large gatherings, and even special occasions. The owners also offer NJ lottery, money transfer services, and an abundance of other income opportunities.
Location, Location, Location! Fabulous Center of Town Location! Corner Property too which affords more parking on side street! Excellent Opportunity for Owner Operated Business. Currently a Cafe with Italian Specialties...it's Your Vision for the making...Sandwiches, Smoothies, Desserts, Holiday Baskets...your Heart's desire will be Your Success!!! Indoor Seating AND Outdoor seating is another BONUS! Fixtures and Equipment included! Rent Only $1,300 Month! Serious Buyers Only Please. Financials will be provided for review after a Non-Disclosure Confidentiality Agreement has been signed
Talk About Location! This Amazing Opportunity Is Located In The Highly Sought-After Packanack Lake Area In Wayne Township. This Mixed-Use Property More Currently Operated As A Pizzeria & Dry Cleaners But Is Now Vacant! However, The Real Potential Lies In The Land, As The Property Boasts An Unbeatable Location, Right On The Lake! This Well-Known Commercial Mixed-Use Building Has Ample Opportunities For Customization, With Every Wall Being Modifiable. The Property Has Undergone Several Updates Over The Years, Including Newer Flooring, A Newer Furnace In The Pizzeria, A Newer Central Air Unit In The Pizzeria, As Well As 2 Updated Half Bathrooms. The Current Layout Features 2 Businesses, However, This Can Operate As One Business Or Even Add To This Building With The Town's Approval. Fully Vacant & Ready For Its Next Owner! The Possibilities Are Endless!
Approximately, 4,630 Square feet Retail/Warehouse free standing commercial building located on the corner of Williams ave and Rt 17 in Hasbrouck Heights. 0.643 Acres land with 200 feet frontage on route 17 North. 50 plus parking spaces. Building has 3 garage bays and one loading dock. Suitable for Banks, Fast food or multiple uses The traffic count on Route 17 is about twice that of the portion of the Garden State Parkway. Close proximity to the Garden State Parkway Route 4 and the George Washington Bridge Land size 200'X140 Building is for lease also NNN $12,500 monthly
Don't miss out on this opportunity to purchase this Pocket License/Class C Liquor License in Clifton, NJ. Now is the time to upgrade your BYOB establishment to a full bar/restaurant or start a new business venture with Bar/liquor store with option to sell packaged goods. License can be easily transferred and is in good standing with no liens, claims or violations. Sale is just for the license and no business attached to it.
Well Established Pizzeria and Catering in a Shopping Center, Great Visibility and ample Parking space with many equipment updates (Less than a year) This is a "Money Maker Business" Just bring your good Attitude and Excellence Customer service...!
EXCELLENT MIX USED INVESTMENT OPPORTUNITY ARRIVE ON PRIME LOCATION! A STORE WITH GREAT EXPOSURE CURRENTLY LEASED TO A PIZZERIA(DELI)1600SQ FT WITH 1/2 BATH. RESIDENTIAL UNITS ON TOP. UNIT 2 FEATURES LIVING ROOM, DINING ROOM EAT IN KITCHEN AND 4 BEDROOMS,2 FULL BATH. WALK UP FULL SIZED ATTIC WITH VERY HIGH CEILINGS. FULL UNFINISHED BASEMENT WITH HIGH CEILINGS AND SEPARATE ENTRANCE. WOW NEW FURNACE ALL SEPARATE UTILITIES. 2 DETACHED CAR GARAGE,3 PLUS CAR DRIVEWAY. BRING YOUR ALL IMAGINATION HERE!!! MANY POTENTIAL!!!
Opportunity Knocks! Rare 6 unit all brick apartment building with 1500 warehouse in back on desired Main Ave, Passaic. Property consists of 5 apartments (3 of the apartments are fully renovated and all 5 are rented.) Roof, boilers, water tanks all less than 10 years old and all utilities except the water are paid by tenants. Great cash flow! Steps to the NJ Transit Bus Line Rt 46, Rt 80 and the GSP.This is an excellent opportunity and will not last.
GREAT OPPORTUNITY TO OWN AN OPERATING RESTAURANT IN PASSAIC NJ. ALL EQUIPMENTS ARE INCLUDED, NOTHING TO FIX, JUST PURCHASE IT AND CONTINUE TO OPERATE IT. FULLY EQUIPPED KITCHEN, WITH 5 FREEZERS, 2 OVENS, 2 FRYERS, GRILL, GAS RANGE, FOOD WARMERS, ETC, ALL STAINLESS STEEL. BUSINESS IS EQUIPPED WITH CAMERA SYSTEM, AND EVERYTHING A NEEDED TO OPERATE A GREAT AND PROFITABLE RESTAURANT. IF YOU'RE LOOKING FOR A RESTAURANT BUSINESS WHERE YOU ONLY HAVE TO CONTINUE OPERATING, YOU MUST COME TAKE A LOOK AT THIS ONE.
Welcome to this 2 Story Retail Commercial building offering endless possibilities. The 1st floor consists of 5000 sqft of open space currently being used by a retail business on a Month-to-Month Lease, they are willing to vacate or stay and sign a lease. The 2nd floor offers another 5,000 sqft of open space and two large offices being used by the current owner for their Fabric business. The basement offers another 5,000 sqft with high ceilings perfect for storage and much more. Parking is available on the bonus 16x100 lot on Hope Ave that has access to the back of the building and is currently being used by the owner for unloading and loading containers as big as 53FT in length, the whole lot was also recently redone with poured concrete to ensure durability and withstand the weight of heavy trucks. Conveniently located in a high-traffic area and just one block away from Route 21. Perfect for retail, wholesale businesses, or warehouse use. Sprinkler system installed on all levels and Roof redone in 2021.
