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Listed by Joseph Siano JK Realty
$925,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res/Com Mixed
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25038667
Style Res/Com Mixed
Property Sub-Type Res/Com Mixed
Property Description
142 - 146 Divisions Ave Discover an exceptional investment opportunity at 142 Division Ave, Garfield. This mixed-use property package offers immediate income and significant growth potential, making it ideal for savvy investors, developers, or owner-operators. At the heart of this offering is a profitable completely renovated, turnkey liquor store and bar, complete with a valuable liquor license included in the sale. This established business provides a steady stream of revenue from day one. The property package includes: Two Separate Lots: The main building and an adjacent vacant lot zoned for multi-use, presenting a prime development opportunity. Commercial Space: A profitable liquor store/bar with a utility room, bathroom, den, and a full basement for ample storage. Residential Unit: A separate-entrance, 3-bedroom apartment on the second floor featuring an eat-in kitchen, full bath, and living/dining area, generating additional rental income. Extra Income & Amenities: A detached two-car garage currently provides rental income, and ample off-street parking enhances convenience for both commercial and residential tenants. With multiple income streams and tremendous potential for expansion or development, this property is a rare find. Capitalize on the existing business and unlock future value. Building sq. footage estimated. Inventory to be paid for separate at closing, although can be negotiated with the right offer.
Location
State NJ
County Bergen
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Alexander Moldoff
Broker Associate | License ID: 1007988
Broker Associate License ID: 1007988
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