SQUARE FEET2,795
MLS#4059624
STATUS
PROPERTY TYPECommercial - Multiple
Property Description
Prime Mixed-Use Commercial Investment Opportunity Downtown Pompton Lakes: Exceptional opportunity in the heart of downtown Pompton Lakes! Ideally situated along Wanaque Avenue, this well-maintained property offers excellent visibility, established retail tenancy, and residential income potential. Featuring approximately 2,795 square feet across three levels, including the basement, the building presents a versatile opportunity for investors and owner-occupants. The main level features two separate retail units, approx 450 square feet each, both currently leased to established, long-term tenants. The second floor offers an approx. 1,050-square-foot residential unit featuring two bedrooms. A significant feature of this property is the expansive rear yard and substantial open green space, a valuable amenity in a downtown commercial setting. Beautifully maintained grounds, mature shade trees, and an elevated deck create an inviting outdoor environment with numerous possibilities. The generous open area provides flexibility for outdoor enjoyment or potential business-related uses. A full walkout basement provides additional storage and ancillary space. Conveniently located with access to Passaic, Morris, and Bergen Counties, this property combines existing commercial rental income, residential flexibility, excellent street exposure, and an impressive amount of outdoor space. A distinctive mixed-use investment opportunity in Pompton Lakes established downtown business district.
Property Features
Property Type: Commercial - Multiple
Basement: Yes
Basement: Full, Walkout
Cooling: No Cool
Fuel Type: Electric, Gas-Natural
Heating: 3 Units, See Remarks
Lot Size: 0.29 Acres
Roof Type: Flat
Stories: 3.0
Taxes: $9,228
Year Built: 1950
Feature Descriptions
Equipment Available: Restrooms - Private
Exterior: Aluminum
Flooring: Carpeting, See Remarks, Tile, Vinyl-Linoleum, Wood
Lease Info: 1 Year Minimum, Options Available
Lease Type: Modified
Location: Business District, Corner, Freestanding
Lot: Corner, Irregular Lot
Lot Dimensions: 0.29 acre(s)
Max Door height: 0
Parking: Additional Parking, Blacktop, Parking Lot-Exclusive
Sewer: Public Sewer
Tenant Pays: Electric, Gas, Heat, Hot Water, Repairs, Snow Removal
Units: 3
Utilities: Electric, Gas-Natural
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: COLDWELL BANKER REALTY
Agency Contact: 973-418-3516
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
54 Wanaque Ave | MLS# 4059624
This commercial property located at 54 Wanaque Ave, Pompton Lakes, NJ 07442 is currently listed for sale with an asking price of $625,000. Search Pompton Lakes real estate on www.realtymark.net today.