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431-433 Avenue C

5,000 SF 100% Leased Retail Building Bayonne, NJ 07002 $1,299,800 ($260/SF)

Retail Space New Jersey Bayonne 431-433 Avenue C, Bayonne, NJ 07002

Executive Summary

CORNER BUILDING Plus ADJACENT VACANT LOT = 50 x 100. Great Opportunity to own a Multi Use Plus Residential Building. 1st Floor has 2 Commercial Tenants. Plus 3 separate garages. 2nd Floor has 2 residential Apartments. Apt 1 (1 Bed 1 Bath) Apt 2 (Large 2 Bed. 1 Bath) All Units + Garages are Tenant Occupied (month to month). Zoned C-1 Neighborhood Commercial District. Permitted Uses: Residential, Commercial, Professional, Retail, Business, Medical Office, Salon & Spa, Church, Clubs, Coffee Shop, Take Out & More. Keep it or Build a 3 Story Multi Residential. Must Have a Ground Floor Commercial Space or Get a Variance to Release the Ground Floor Commercial to Residential. Get a Variance to Build a 5 Story Residential (13 Units or more). Zoning is 60% Lot Coverage. Units can be 600 square feet & 2 Bedroom Max. Parking Requirement is 1.25 per each 2 Bedroom Apt. Close to Shop Rite, Shops, Restaurants, Light Rail, Bus in Front of Building. Amazing Development Opportunity.

Attachments

431 - 433 Avenue C - Zoning Information
431 Ave C - Floor Plans

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,000 SF
Building Class
B
Year Built
1910
Price
$1,299,800
Price Per SF
$260
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.91
Land Acres
0.06 AC
Zoning
C - Retail
Parking
3 Spaces (0.92 Spaces per 1,000 SF Leased)
Frontage
25 FT on Avenue C
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Walk Score ®
Very Walkable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
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Transit Score® measures access to public transit.
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Walk Score® measures the walkability
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measures access to public transit. Bike Score®
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Nearby Major Retailers

Retro Fitness
The YMCA
Flagstar Bank N.A.
Valley National Bank
Blimpie America's Sub Shop
Club Pilates
Provident Bank
ShopRite
Sarku Japan
Bank of America

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01-00224-0000-00021
  • 01-00224-0000-00020
 Improvements Assessment $309,800
Land Assessment $500,000 Total Assessment $809,800

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01-00224-0000-00021
  • 01-00224-0000-00020
Land Assessment
$500,000
Improvements Assessment
$309,800
Total Assessment
$809,800
(201) 433-1111

  • Listing ID: 33012861

  • Date on Market: 8/30/2024

  • Last Updated:

  • Address: 431-433 Avenue C, Bayonne, NJ 07002

More public record information on 431-433 Avenue C, Bayonne, NJ 07002

The Retail Property at 431-433 Avenue C, Bayonne, NJ 07002 is currently available For Sale. Contact Keller Williams City Life JC Realty for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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431-433 Avenue C
(201) 433-1111 x

431-433 Avenue C

Lidia Gabinelli

(201) 433-1111

(201) 433-1111

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