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371 4th St - Prato 1,430 SF Retail Condo Unit Offered at $1,495,000 in Jersey City, NJ 07302
Investment Highlights
- Highly visible commercial condo in the heart of Downtown JC, moments from Grove St PATH.
- 1,430 SF space features an efficient, open layout, 1/2bath, w/ a welcoming storefront presence.
- Vibrant, walkable setting in Downtown JC, surrounding retail, dining, residential developments.
- Currently occupied by the well-known and reputable local favorite, Prato Bakery.
- Ideal for café, bakery, or boutique food use.
- A turnkey commercial space in one of Jersey City’s most sought-after locations is now here.
Executive Summary
Prime investment opportunity to own a highly visible commercial condominium in the heart of Downtown Jersey City, currently occupied by the well-known and reputable local favorite, Prato Bakery Paying $6000 triple net.. This established Italian café concept is celebrated for its authentic Tuscan baked goods, espresso bar, and strong neighborhood following, drawing consistent foot traffic year-round. The approximately 1,430 SF space features an efficient, open layout with a welcoming storefront presence, ideal for café, bakery, or boutique food use. The unit includes a half bath and is situated within a charming brick mixed-use condominium building, with two residential units above, providing a built-in customer base and steady neighborhood activity. Strategically located at 371 4th Street near Newark Avenue, the property benefits from a vibrant, walkable setting in the desirable Village/Downtown section of Jersey City, just moments from Grove Street PATH and surrounding retail, dining, and residential developments. The rare opportunity to acquire a turnkey commercial space in one of Jersey City’s most sought-after locations is now here.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 1,430 SF | Retail | $1,495,000 ($1,045.45/SF) | - |
Unit 1
| Unit Size |
| 1,430 SF |
| Condo Use |
| Retail |
| Price |
| $1,495,000 ($1,045.45/SF) |
| NOI |
| - |
Unit 1
| Unit Size | 1,430 SF |
| Condo Use | Retail |
| Price | $1,495,000 ($1,045.45/SF) |
| NOI | - |
| Sale Type | Investment |
| Description | |
| Prime investment opportunity to own a highly visible commercial condominium in the heart of Downtown Jersey City, currently occupied by the well-known and reputable local favorite, Prato Bakery Paying $6000 triple net.. This established Italian café concept is celebrated for its authentic Tuscan baked goods, espresso bar, and strong neighborhood following, drawing consistent foot traffic year-round. The approximately 1,430 SF space features an efficient, open layout with a welcoming storefront presence, ideal for café, bakery, or boutique food use. The unit includes a half bath and is situated within a charming brick mixed-use condominium building, with two residential units above, providing a built-in customer base and steady neighborhood activity. Strategically located at 371 4th Street near Newark Avenue, the property benefits from a vibrant, walkable setting in the desirable Village/Downtown section of Jersey City, just moments from Grove Street PATH and surrounding retail, dining, and residential developments. The rare opportunity to acquire a turnkey commercial space in one of Jersey City’s most sought-after locations is now here.</li></ul> | |
| Sale Notes | |
| Prime investment opportunity to own a highly visible commercial condominium in the heart of Downtown Jersey City.</li></ul> |
Property Facts
| Total Building Size | 4,375 SF | Typical Floor Size | 1,207 SF |
| Property Type | Retail (Condo) | Year Built | 1918 |
| Property Subtype | Tenancy | Single | |
| Building Class | B | Lot Size | 0.04 AC |
| Floors | 3 | ||
| Zoning | R-2 | ||
| Total Building Size | 4,375 SF |
| Property Type | Retail (Condo) |
| Property Subtype | |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 1,207 SF |
| Year Built | 1918 |
| Tenancy | Single |
| Lot Size | 0.04 AC |
| Zoning | R-2 |
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Prato Bakery |
-
|
Jan 0000
|
Nearby Major Retailers
Presented by
Serhant New Jersey LLC
371 4th St - Prato
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