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- LoopNet Team
126 Ray St
Garfield, NJ 07026
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- This is a great location with endless possibilities.
- Package sale includes liquor license
- The #126 Building and #124 vacant lot 50x100 is used as parking lot.
PROPERTY FACTS
AMENITIES
- Corner Lot
- Storage Space
- Air Conditioning
ABOUT 126 RAY ST , GARFIELD, NJ 07026
Amazing mixed used property with endless potentials for developer/investor or new owner to run a profitable business. Package includes brick building with (2)- 2 bedrooms rental apartments. Building is in excellent condition offering lots of improvements made since 2016.Commercial property includes profitable bar/liquor license with 38 occupancy. Restaurant with professional stainless steel kitchen,banquet catering hall with 160+capacity and separate entrance and bar. Over sized basement with laundry area, additional baths, storage area and amazing expansion potential. In addition,property #124 lot 50x100 (zoned for multi family)used as parking lot 20 cars part of rental income.Owner is willing to train the next manager or business owners. Plenty of on street parking.
PROPERTY TAXES
| Parcel Number | 21-00161-0000-00028 | Improvements Assessment | $726,200 |
| Land Assessment | $125,000 | Total Assessment | $851,200 |
PROPERTY TAXES
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