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6911 Tonnelle Ave
North Bergen, NJ 07047
Mixed Used Building for Sale · Retail Property For Sale

Executive Summary

Mixed use building for sale one Retail store, and one 2 bedrooms apartment, with vacant lot for parking, 2 monumental billboard on route 1-9
Taxes for the building and lot $10,182
taxes for thethe bill board $6701i)
The annual guaranteed Bill board rent as follows:

Year 1 thru Year 4: $15,500.00 per year
Year 5 thru Year 8: $16,500.00 per year
Year 9 thru Year 11: $18,500.00 per year
Year 12 thru Year 13: $19,000.00 per year
Year 14 thru Year 15: $22,000.00 per year
Store monthly rent $3,250 leased for 5 years 2.5% yearly increase.
2 bedrooms Apt. $1,500.00 M/M Lease

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,000 SF
Building Class
C
Year Built
1915
Price
$1,500,000
Price Per SF
$1,500
Percent Leased
57%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
12’
Building FAR
0.38
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
C2 - Mixed used building with 3500 parking lot
Parking
10 Spaces (10 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection

Property Taxes

Property Taxes

Parcel Number
08-00456-0000-00035
Land Assessment
$175,000
Improvements Assessment
$292,000
Total Assessment
$467,000
  • Listing ID: 25794993

  • Date on Market: 5/26/2022

  • Last Updated:

  • Address: 6911 Tonnelle Ave, North Bergen, NJ 07047

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