79 Whitehead Ave
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79 Whitehead Ave
8,000 SF 100% Leased Retail Building South River, NJ 08882 $1,100,000 ($138/SF)
Executive Summary
Calling all investors! Welcome to a rare opportunity with charming room rentals, commercial opportunity, and a dedicated parking lot located in South River, NJ. This listing boasts a rooming and boarding house and 3 commercial spaces featuring 12 units total. Included in this listing are two distinct lots with the cafe, meat market/ deli, printing company and rooming and boarding home occupying the first and a parking lot occupying the second. The rooming and boarding home includes 9 rooms, 2 of those rooms have their own kitchen and bathroom, with 3 commercial spaces below, as well as a parking lot, ensuring a steady stream of rental income. Those three thriving commercial spaces complement the residential aspect: a bustling meat market and deli catering to locals' culinary needs, a reliable printing company serving businesses and individuals alike, and a charming cafe providing a cozy atmosphere for patrons to enjoy coffee and snacks with dedicated parking available for customers. Strategically located in South River, these commercial spaces benefit from a bustling community and high foot traffic. With a diverse range of revenue streams and a prime location, this property offers exceptional investment potential. Included in the listing is the parking lot across the street, perfect for customer parking or as an independent source of revenue! Don't miss your chance to capitalize on this lucrative opportunity in South River!
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Building Size
8,000 SF
Building Class
C
Year Built
1920
Price
$1,100,000
Price Per SF
$138
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.31
Lot Size
0.14 AC
Zoning
B-1
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 23-00348-0000-00001 | Improvements Assessment | $253,700 |
Land Assessment | $112,800 | Total Assessment | $366,500 |
PROPERTY TAXES
Parcel Number
23-00348-0000-00001
Land Assessment
$112,800
Improvements Assessment
$253,700
Total Assessment
$366,500
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79 Whitehead Ave
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