This Retail Property is For Sale.

344 lincoln ave
Hawthorne, NJ 07506 ·

5,000 SF · Retail For Sale

$1,300,000

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Retail Property For Sale

Price $1,300,000 Property Use Type Investment
Building Size 5,000 SF Cap Rate 6%
Price/SF $260 Occupancy 100%
Property Type Retail Tenancy Multiple
Property Sub-type Free Standing Bldg Lot Size 8,250 SF
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Listing ID: 17080337 Date Created: 03/23/2011 Last Updated: 06/24/2016

Description

On the first floor, there are 2 retail stores, and a bagel shop with 4 years lease.
Skin care shop 5 years lease(pending). $2800/m rent.Bagel shop pays $3000 monthly.
Upstairs 2 units of 2 bedroom apartments. Year to year lease.
Paying total $2,500. Tax $22,500. Insurance $2,500. Water $1,600 per year. Solid free standing building with 10 parking spaces. Also is just like new.

Great location with a steady flow of traffic, easy access to all major highways.
Hard to find investment property.

Please DON'T TALK TO TENANTS IF YOU look around. The showing is only after 3 PM.

Research

344 lincoln ave, Hawthorne, NJ 07506 (Passaic County)

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