Penny Lane Realtors
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YOUR SEARCH ENDS HERE! Step into the rhythm of elegance and grace at our exquisite dance studio " Boasting two spacious studios adorned with mirrored walls and professional-grade dance floors, our studio provides the perfect canvas for dancers to unleash their creativity and finesse. The ambiance is enhanced by the front desk area. With the convenience of two half baths, 2 large storage rooms, central air and utility room. But that's not all " envision the potential for growth and expansion. The first level offers commercial versatility, providing a canvas for additional units that could be developed upstairs. Imagine the endless possibilities for creating a dynamic and thriving community
OPPORTUNITY To purchase a 6 family with garage in the heart of Union City. Rent roll WAY BELOW MARKET VALUE generating 80k gross and around $63,000 net income yearly. Ton of back end potential to purchase in a growing area with values and rent rolls raising year over year. Located close to all major transportation and shopping and walking distance to anything needed. This is one you don't want to miss as a fantastic portfolio acquisition.
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.
Ideally located, this multiple income stream mixed-use is ideal for owner-occupied or investors. With two 2-bedroom apartments, the revenue continues with a men's barber shop and a full-service salon/studio. Well-maintained! Experience true pride of ownership along with an attached one-car garage. Separate utilities except for water. Flat roof is 3 years young!
REDUCED..The sale includes all inventory. Waiting room chairs, display cabinets, drier chairs, styling chairs, sinks, front desk, manicure table, heat lamps, washer, dryer and more.
Unique income producing investment property in the heart of Lyndhurst! Steps away from train station for easy commuting! Building is mostly leased and features 2 storefronts plus 3 apartments (Two 3 bedroom units (or 2 bedroom plus dining room) and a 1 bedroom unit), all fully occupied with favorable rents with 5.5% increases built in. Large piece of property with lots of parking in rear. Yearly income: $91,548 and Yearly Expenses: $23,026. "Bones" have been well maintained and units have in between tenants. Newer roof, furnaces, and water heater. Tenants pay own electric and gas, landlord pays heat and water. Potential to expand up or out in rear, buyer should do own due diligence with Lyndhurst Twp. Buyer responsible for obtaining C/O and any inspections needed for closing.
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.
Mixed Use store front building for sale, New Electric 400 amp,3 Phase, Building sold As IS !!! Please send Commercial Pre Approval or Proof of Funds before Showing
Iconic building centrally located in the heart of Passaic operating as a house of prayer with two additional floors with 5K square feet each floor, third floor has a mezzanine with over 20 feet height tp the roof line. Tax exemption in place so is ideal for the same use. Sanctuary on the first floor was rehabbed with no detailed spared to bring it to its glory along with the second floor. Seller open to seller's finance
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.
Fantastic investment opportunity in A+ location. Package deal includes (2) separate buildings on almost 1/2 an acre including a 2-story, 3-bedroom single family home and separate 3-story mixed-use building with bar/restaurant on 1st floor and 3-Bedroom residential unit above. All units are currently rented. Separate utilities. Potential to expand, redevelop and modify current property. 25+ parking spaces and easy, direct access to Routes 3, 21, 80 & 46.
Opportunity to Own this building in centrally located Downtown Passaic!. Business' Tenant is established and current on existing lease. ONLY The Building is for sale not the Restaurant.
Location, Location, Location. 3 store front fully occupied located on Broadway, one of the city's commercial areas. All stores are rented and occupied. Can be a good property to develop and convert into mixed use, if the zoning codes allow for it. Walking distance from Downtown and shopping district.
Exceptional opportunity to acquire a thriving beauty salon strategically located on a bust street in the heart of Passaic, NJ. Boasting 6 styling stations, 9 hooded hair dryers, a dedicated facial room, and 2 hair washing stations, this salon is primed for success. Don't miss out on this lucrative investment with immense growth potential.
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!
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.
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 meticulously maintained office building, currently utilized as a medical practice, features a total of 5 exam rooms, along with a casting room and an x-ray room. Additionally, it includes 3 bathrooms?2 half baths and 1 full bath. The spacious waiting room comfortably accommodates approximately 15-20 individuals. The receptionist area is equipped with built-in units capable of accommodating 8 people. Furthermore, there are 2 generously sized private offices, one of which boasts a built-in shelving unit and a matching desk, as well as a full bath complete with a standing shower. A private break room is available for enjoying meals. This space is ideally suited for both established practitioners and those new to the field.
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.
BEST LOCATION W/VIEWS LOCATED IN JOURNAL SQUARE,RARE OPPORTUNITY TO ACQUIRE LARGE RENOVATED APARTMENT BUILDING WHICH CONSISTS OF 9 APARTMENTS 3/BEDROOMS EACH, INCLUDING 9 GARAGES AND EXTRA PARKING WHICH INCLUDES 2 SIDES OF THE STREETS, BACK TO BACK.50X105,58X136,ONE BLOCK FROM JOURNAL SQUARE,PATH,TRAINS,BUSSES, (NJ TIMES SQUARE)Owner will finance with 40% down, motivated owner
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.
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.
