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323 Semel Ave

5,000 SF 100% Leased Retail Building Garfield, NJ 07026 $850,000 ($170/SF)

Executive Summary

This recently renovated mixed-use building is centrally located in the heart of Garfield, providing convenient access to major highways, including Route 21 and Route 46.Commercial Space:1st Floor: Currently operating as a Sports Bar, this level offers ample indoor and outdoor seating, making it an attractive destination for patrons. The space is well-suited for continued use as a bar or for other potential commercial ventures. Residential Space:2nd Floor: The upper level features a spacious 3-bedroom, 1.5-bathroom apartment. This residence boasts hardwood floors throughout, a generous living room, a dining room, and an eat-in kitchen. The current tenant is on a month-to-month lease

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1918/1930
Price
$850,000
Price Per SF
$170
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.04
Land Acres
0.11 AC
Zoning
R2 - Residential
Parking
11 Spaces (4.93 Spaces per 1,000 SF Leased)
Frontage
54 FT on Semel Avenue
Walk Score ®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Kearny Bank
Friendly's Elmwood Park
Powerhouse Gym
PNC Bank
Huddle House
Citizens
TD Bank
Buffalo Wild Wings Go
BurgerIM
Anytime Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21-00170-02-00021
Land Assessment
$130,000
Improvements Assessment
$211,200
Total Assessment
$341,200
  • Listing ID: 33043794

  • Date on Market: 9/3/2024

  • Last Updated:

  • Address: 323 Semel Ave, Garfield, NJ 07026

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