MLS#4014407
STATUS
PROPERTY TYPECommercial -
Property Description
Properties are located 510 Arlington Ave, 512 Arlington Ave, 515 Madison and 517 Madison. This premier investment opportunity situated within the Todd South Redevelopment Zone in Plainfield, offering a massive 34,300=square foot footprint with rare three-street frontage. Comprising Block 706, Lots 3,4,and 8, this expansive site is a developer's dream with significant potential for a five-story residential apartment building, aligning with the successful momentum of the ten-high-density buildings already completed under the Todd South Redevelopment Plan. The property is .3 miles to the Plainfield Train to NYC. The property currently features a diverse mix of existing structures and utility:LOT 8: A functional three-family houseLOT 4: A 6,000 Square foot vacant lotLOT 3: A powerhouse of utility featuring a large one-story commercial building, a substantial garage with ample parking, and two additional residential buildings (one two-family and one three family).This unique assemblage provides both immediate rental income and a shovel-ready path toward a landmark transit-oriented development.
Property Features
Property Type: Commercial -
Fuel Type: Gas-Natural, Oil Tank Above Ground - Outside
Heating: Forced Hot Air, Radiators - Hot Water
Lot Size: 0.95 Acres
Year Built: 1940
Feature Descriptions
Days on Site: 5
Exterior: Concrete
Lot Dimensions: 0.95 acre(s)
Max Door height: 0
Parking: Blacktop
Sewer: Public Sewer
Utilities: Electric, Gas In Street, Gas-Natural
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: ERA SUBURB REALTY
Agency Contact: 908-322-4434
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
500 Arlington Ave | MLS# 4014407
This commercial property located at 500 Arlington Ave, Plainfield, NJ 07060 is currently listed for sale with an asking price of $4,400,000. Search Plainfield real estate on www.realtymark.net today.