Log In/Sign Up
Your email has been sent.
991 Broadway
Bayonne, NJ 07002
Retail Property For Sale


Executive Summary
Great Investment opportunity to acquire a unique MIXED USE building in Uptown Bayonne!!! Located on the Broadway Ave Commercial Corridor, which is well known for its variety of dining, cafes and shops, making this a high foot traffic location for the commercial space, in addition of being walking distance to the LIGHT RAIL, and the Stephen R. Gregg Park where residences can take advantage of the many recreational amenities and sport facilities, making this a highly desirable location location location!!!
This 2 story building, with a nice brick face, features separate entrances to each of the units. No basement, which contributes to it's low maintenance cost!
The 1st floor consists of a store front, which includes onsite dining, a commercial kitchen, 2 half baths, with an office room. The rear apartments are currently divided into 2 units but they can be reconfigured. The entire 2nd floor features a spacious 4 bedroom, 1 bath apartment. The property is currently fully rented, generating strong monthly income, with room for upside. Explore your options and schedule a showing today!!!
This 2 story building, with a nice brick face, features separate entrances to each of the units. No basement, which contributes to it's low maintenance cost!
The 1st floor consists of a store front, which includes onsite dining, a commercial kitchen, 2 half baths, with an office room. The rear apartments are currently divided into 2 units but they can be reconfigured. The entire 2nd floor features a spacious 4 bedroom, 1 bath apartment. The property is currently fully rented, generating strong monthly income, with room for upside. Explore your options and schedule a showing today!!!
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,800 SF
Building Class
C
Year Built
1920
Price
$699,000
Price Per SF
$145.63
Cap Rate
7.24%
NOI
$50,615
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.84
Lot Size
0.06 AC
Zoning
UBD - Uptown Business District
Frontage
16’ on Broadway
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 01-00064-0000-00022 | Improvements Assessment | $218,700 |
| Land Assessment | $240,000 | Total Assessment | $458,700 |
Property Taxes
Parcel Number
01-00064-0000-00022
Land Assessment
$240,000
Improvements Assessment
$218,700
Total Assessment
$458,700
1 of 23
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
