SQUARE FEET2,826
MLS#4012036
STATUS
PROPERTY TYPECommercial - Multiple
Property Description
142- 146 Division Ave Discover an exceptional investment opportunity at 142 Division Ave, Garfield. This mixed-use property package offers immediate income and significant growth potential, making it ideal for savvy investors, developers, or owner-operators. At the heart of this offering is a profitable stream of revenue from day one. The property package includes: Two Separate Lots: The main building and an adjacent vacant lot zoned for multi-use, presenting a prime development opportunity. Commercial Space: A profitable liquor store/bar with a utility room, bathroom, den, and a full basement for ample storage. Residential Unit: A separate-entrance, 3 bedroom apartment on the second floor featuring an eat-in kitchen, full bath, and living/dining area, generating additional rental income. Extra income & amenities: A detached two-car garage currently provides a rental income, ample off-street parking enhances convenience for both commercial and residential tenants. With multiple income streams and tremendous potential for expansion or development, this property is a rare find. Capitalize on the existing business and unlock future value. Building sq. footage estimated. Inventory to be paid for separate at closing, although can be negotiated with the right offer.
Property Features
Property Type: Commercial - Multiple
Basement: Bilco-Style Door, Unfinished
Basement: Yes
Cooling: Central Air, Window A/C(s)
Fuel Type: Gas-Natural
Heating: 1 Unit, Baseboard - Hotwater
Lot Size: 0.12 Acres
Roof Type: Flat
Stories: 2.0
Taxes: $14,336
Year Built: 1920
Feature Descriptions
Days on Site: 1
Equipment Available: Appliances, Exhaust System, Fixtures, Kitchen Area, Refrigeration Unit, Sign - Building, Smoke Detector
Exterior: Vinyl Siding
Flooring: Carpeting, Tile, Vinyl-Linoleum
Location: Residential Area
Lot Dimensions: 0.12 acre(s)
Max Door height: 0
Parking: Parking Lot-Exclusive
Sewer: Public Sewer
Units: 2
Utilities: All Underground
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: JK REALTY
Agency Contact: 973-472-7000
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
142 Division Ave | MLS# 4012036
This commercial property located at 142 Division Ave, Garfield, NJ 07026 is currently listed for sale with an asking price of $925,000. Search Garfield real estate on www.realtymark.net today.