Penny Lane Realtors
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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
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.
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!
Own your first Unique Quick Cash Business , As per Clifton Historian oldest Concession Stand in the Country, Sabrett Hotdogs and Jumbo Italian Ice Window service with sitting outside , Business includes sabrett retail outlets, Italian ice retail and coffee license . All equipments and inventory included, Owner is willing to hold some financing
2250 sf block building with high ceilings on nice sized lot Zoned R4 (Residential transitional). Previously light industrial, zoning was changed while property was operating as a place of worship under a variance. Being sold as is.
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.
This property consists of 1 retail space on first floor- currently a salon with 6 stations, 2 bathrooms and central air.2nd floor has 4 office suites with a shared bathroom in the corridor. Currently 2 vacant and 2 occupied.3rd floor needs renovation- 2 rooms and a bathroom with plenty of storage space. There are 10 parking spaces in the rear - Perfect investment property.*** Current rents are significantly under market rate but all are on a month to month basis.
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%
Check out this fabulous mixed use property located on a busy main road in Secaucus NJ! 274 Centre ave has 25 x 100 lot with two stories and features two storefront units on the ground floor as well as one residential apartment upstairs, and plenty of parking spots. The upstairs tenant is occupying a spacious 2 bedroom unit and pays their own utilities. Landlord currently pays the heat which is supplied to the entire building but it can be later separated by the buyer if needed. The storefronts are currently designated as a salon and a barber shop that has month to month leases. Property boasts strong local, regional traffic and visibility should you consider owner occupying it. This corner lot property has ample parking on site as well as plenty of street parking on the surrounding streets. This building has a gross income of $48,600, which was well below market rates. Now, with the commercial units able to be delivered vacant, this invites the perfect opportunity for an owner/occupant or investor. Maximize your investment property potential by booking a viewing for this gem today. All offers are welcome!
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.
Spacious 2,225sf Office suite, with an open floor plan is being offered for sale for the first time since it was built. One of six units, the subject unit faces Clifton Avenue which gives it great visibility. High traffic volume road, right next to Clifton City Hall. Covered parking, Central AC/Forced hot air, Elevator right next to Condo unit entrance door, two private restrooms and kitchenette in Unit.
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.
Discover an exceptional investment opportunity in the coveted town of Hackensack! This mixed-use property boasts three large 1-bedroom units alongside two versatile commercial spaces. Situated in a prime location, this property offers the best of both residential and commercial income potential. Whether you're an experienced investor looking to diversify your portfolio or a newcomer seeking a solid investment, this property provides an enticing chance for growth. Its proximity to urban conveniences, transportation links, and a thriving community enhances its appeal. Seize the opportunity to maximize your returns and expand your investment portfolio in this booming area.
This highly successful grooming business has been in operation for over 15 years. It is located on a busy street with great visibility and plenty of traffic. The salon includes three grooming stations, a drying room, fixtures, equipment, supplies and retail. This is a turn-key operation with great growth potential. The shop is open 4 days a week and is currently booking new clients 2 months out due to its full schedule. There is a lot more business for the taking if you want it! The current owner will train the new buyer and introduce them to the amazing clients that book 6 months in advance. This is a great opportunity for an experienced groomer or someone who wants to get into the business. Don't miss your chance to own a successful grooming salon!
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...!
On-going restaurant for 22 years, great location in the heart of Nutley center. Municipal parking behind store, all equipment included with newer walk-in freezer in basement.
Totally renovated established medical aesthetics business for sale. Includes State of the art medical enhancement machines/equipment. The owner will train estheticians and will stay on 1-2 days a week to service her clientele. A designated massage room. This is a turn key operation.
Haircraft Salon, situated within the bustling Tonnelle Plaza, presents a prime opportunity for aspiring salon owners or investors. Boasting a current lease with 5 years remaining, this turnkey business is primed for success. The salon's inclusive environment fosters a diverse clientele, ensuring everyone feels welcome and valued. With skilled stylists proficient in a wide range of hair services, from cutting-edge styles to rejuvenating treatments, Haircraft Salon is poised for growth and profitability. Don't miss out on this chance to acquire a thriving business in a desirable location.
Welcome to the heart of Belleville in the middle of all the action! This is your chance to own a truly turn keep 6 unit income producing property. Consisting of 4- large 2 BEDROOM apartments, 2 commercial office/ retail spaces (currently being used as one large space) and bonus long term lease with T-Mobile for lease of the roof space.
Constructed in 2006, this sophisticated 4-unit office building showcases an inviting Victorian design with meticulous attention to detail. Offering three floors of professional office space adorned with colonial-style molding, hardwood oak floors, and porcelain tiles, the property exudes a polished ambiance. The basement features a full eat-in kitchen and dedicated storage space, while the second-floor unit includes an extra kitchen/luncheon room. Each floor is equipped with a strategically placed bathroom. A dedicated parking lot, including a handicap-accessible rear entry, ensures convenience, complemented by a municipal parking lot behind the property. All square footage figures are approximate.
Nestled in the heart of Nutley, NJ, a remarkable opportunity awaits in the form of a turnkey medical practice condo. Situated within a prominent medical building on Franklin Ave, this space offers convenience and accessibility. Boasting a spacious waiting room, four exam rooms, administrative quarters, a private doctor's office, and parking, it's an ideal setting for medical professionals looking to establish or expand their practice. With all equipment included, transitioning couldn't be smoother. Whether you're a seasoned practitioner or a budding entrepreneur, this centrally located gem promises not just a space, but a platform for healing and growth
Great Italian Deli/Luncheonette business with excellent cashflow & growth potential! Lottery Machine.
Super location in the Ridgefield Shopping Center. Mixed in with all thriving businesses and well-established. Long time established this 1,200 sq. ft. cleaning business features: One huge cleaner, 2 pressers, 2 pants tappers, and a Suzzie. Full basement for storage and dressing room for alterations. One presser one day a week.
FULLY renovated Restaurant & Building for sale In Nutley NJ! Sale includes a stand-alone building, furnished restaurant and ALL the equipment. Located in the heart of Franklin Avenues downtown shopping district that hosts an abundance of walking traffic. 3,700sf+- building, 18 tables, 58 Seats, 2 Pizza ovens, Full Kitchen with equipment, 200sf walk-in fridge, basement for additional storage that houses the laundry machines and soda dispenser plus an additional 890sf walk-up attic for office and storage which includes another full bathroom. There is also a 2-story structure outside of the kitchen for more storage. EVERYTHING included in the sale. Fully renovated less then 1-year ago. Sale includes the operating business. Owner is willing to stay on for a limited time to train a new operator.
