$875,000
Est. payment /mo
7,840 Sqft Lot
Active
198 Market St Elmwood Park Boro, NJ 07407
UPDATED:
10/18/2024 03:51 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3930156
Year Built 1940
Annual Tax Amount $13,464
Tax Year 2023
Lot Size 7,840 Sqft
Property Description
Prime investment opportunity! This three-unit strip mall is located in the heart of Elmwood Park's bustling downtown district. Situated on a 51x150 lot, the property offers excellent visibility on a high-traffic road, making it ideal for retail businesses looking to attract foot and vehicle traffic.With 10+ parking spaces conveniently located at the rear of the building, this property provides easy access for customers. Its strong rental history makes it a stable investment, with current tenants benefiting from the mall's high visibility and proximity to major highways, offering seamless access to Route 80, Route 46, and the Garden State Parkway.This versatile commercial property is perfect for investors or business owners looking for a well-maintained, high-traffic retail location in a growing area. Don't miss out on this rare opportunity to own a piece of Elmwood Park's thriving commercial landscape!
Location
State NJ
County Bergen
Zoning commercial
Interior
Heating Gas-Natural
Cooling See Remarks
Equipment Smoke Detector
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block
Utilities Available Gas-Natural
Roof Type Composition Shingle, Flat
Parking Type Common, Parking Lot-Exclusive, Parking Lot-Shared
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by SERHANT NEW JERSEY LLC