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Cindy Huang

cindyhuangrealtor@gmail.com +1(201) 647-6663

$ 1,450,000

Est. payment | -/mo

4,584 SqFt

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$ 1,450,000

Est. payment | -/mo

Save

4,584 SqFt

Key Details

Property Type Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 4,584 sqft

Price per Sqft $316

MLS Listing ID 4004675

Year Built 1979

Annual Tax Amount $15,779

Tax Year 2024

Lot Size 0.660 Acres

Property Description

Prime Commercial Property- Prime commercial real estate property located in the heart of Fairfield.- Features a shopping strip with five distinct units suitable for various businesses.- Offers ample parking, attracting a steady flow of customers.- Strategically located near major routes RT 48 and 80 for high visibility and easy access.- Low rent that has remained unchanged for the past seven years.- Opportunity for the new owner to increase the rent by 10% to 15% with a new triple net lease agreement.- All units are currently occupied, demonstrating sustained demand.- Tenants are responsible for their own utilities, reducing the owner's operational costs.- Presents a lucrative investment opportunity with immediate returns and promising future growth.This prime property is a commercial real estate gem located in the bustling heart of Fairfield. It features a shopping strip with five distinct units, each boasting its own unique potential for various retail or service-based businesses. Lender may require flood insurance.

Location

State NJ

County Essex

Zoning Commercial

Rooms

Basement Partial

Interior

Heating Gas-Natural

Cooling Central Air, See Remarks

Flooring Laminate

Equipment Fire Alarm, Restrooms - Private, Sign - Building, Sign - Freestanding, Smoke Detector

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block, Concrete

Utilities Available All Underground

Roof Type Flat

Building

Lot Description Level Lot

Story 1

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Listed by RE/MAX SELECT

Nearby Locations

"My job is to protect your interests and guide you through every step of buying, selling, or investing in New Jersey real estate."

+1(201) 647-6663

cindyhuangrealtor@gmail.com

165 Passaic Ave, Suite 205, Fairfield, New Jersey 07004, USA

24 Little Falls Rd Fairfield Twp., NJ 07004

Cindy Huang

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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24 Little Falls Rd