431-433 Avenue C, Bayonne, NJ 07002

5,000 SF | 100% Leased | Retail Building | Bayonne, NJ 07002 | $1,299,800 ($260/SF)

Asking Price $1,299,800

Property Type: Retail
Square Feet: 5,000 SF
Price / Square Foot: $260

Listing Contacts

Lidia Gabinelli

Verified Profile

Property Info

Property Overview

CORNER BUILDING Plus ADJACENT VACANT LOT = 50 x 100. Great Opportunity to own a Multi Use Plus Residential Building. 1st Floor has 2 Commercial Tenants. Plus 3 separate garages. 2nd Floor has 2 residential Apartments. Apt 1 (1 Bed 1 Bath) Apt 2 (Large 2 Bed. 1 Bath) All Units + Garages are Tenant Occupied (month to month). Zoned C-1 Neighborhood Commercial District. Permitted Uses: Residential, Commercial, Professional, Retail, Business, Medical Office, Salon & Spa, Church, Clubs, Coffee Shop, Take Out & More. Keep it or Build a 3 Story Multi Residential. Must Have a Ground Floor Commercial Space or Get a Variance to Release the Ground Floor Commercial to Residential. Get a Variance to Build a 5 Story Residential (13 Units or more). Zoning is 60% Lot Coverage. Units can be 600 square feet & 2 Bedroom Max. Parking Requirement is 1.25 per each 2 Bedroom Apt. Close to Shop Rite, Shops, Restaurants, Light Rail, Bus in Front of Building. Amazing Development Opportunity.

Property Details

Class: B
Year Built: 1910
Stories: 2
Property Subtype: Storefront Retail/Residential
Lot Size (sq. ft): 2,614 SF

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