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In-PersonVirtual Tour
$ 1,300,000
Est. payment | /mo
1,500 SqFt
$ 1,300,000
Est. payment | /mo
1,500 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $866
MLS Listing ID 3991582
Year Built 1950
Annual Tax Amount $27,456
Tax Year 2024
Lot Size 6,098 Sqft
Property Description
This property offers stability and potential, making it a valuable addition to any real estate portfolio the building presents a strong opportunity for rental growth and value enhancement. Introducing this great opportunity in the developing. One unit has a Supermarket, a liquor store, beauty salon, a barber shop and another business. These turn key properties are being Sold as a Package Deal 501 Argyle Ave. Don't miss this incredible opportunity with endless potential! Build or keep as an investment, incoming producing property! 5-unit units are currently being rented. Bring your architects and/or your contractors! Closed to Train Station, providing direct access to Newark and NYC. It is also easily reachable via Route 280 and the Garden State Parkway. Nearby amenities include shopping, parks, This well-positioned asset offers stable cash flow with excellent upside potential in a growing urban market Don't miss this incredible opportunity with endless potential! Build your dream home or keep as an investment, 5 units are currently being rented. Bring your architects and/or your contractors! Property Sold As Is.
Location
State NJ
County Essex
Zoning Commercial
Rooms
Basement Full
Interior
Heating Electric, Gas-Natural
Cooling See Remarks
Equipment Restrooms - Private, Smoke Detector
Heat Source Electric, Gas-Natural
Exterior
Exterior Feature Brick/Block
Utilities Available All Underground, Electric, Gas-Natural
Roof Type Flat, Rubberized
Building
Lot Description Level Lot
Story 1
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by RE/MAX FIRST REALTY II
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