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Nu life Auto Body LLC 2 Properties Offered at $2,895,000 in Paterson, NJ

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INVESTMENT HIGHLIGHTS

  • This is a high trafficked area.
  • Great investment opportunity.
  • Located on a dead end street, these building are great for parking.

EXECUTIVE SUMMARY

Selling 429 Summer St. - fully licensed collision center with 7 bays, and 82-88 is 75 x 100 fenced in yard with a full Licensed car dealership and two entrances.
429 has Semi Down draft spray booth Carolina frame machine One full lift and two half lift.
Located on a dead-end street and heavy traffic area.
The 82-88 Essex St. listing is a used car lot and the 429 Summer St. listing is a body shop. The insurance is $8,000 a year. The used car lot at 82-88 Essex St. got a new fence 3 years ago.

PROPERTY FACTS

Price $2,895,000
Price / SF $1,158 / SF
Sale Condition Redevelopment Project
Cap Rate 16.44%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 2,500 SF
Total Land Area 0.23 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
82-88 Essex St, Paterson, NJ 07501 Land 0.17 AC - -
429 Summer St, Paterson, NJ 07501 Retail 2,500 SF 1930 -
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  • Listing ID: 3948580

  • Date on Market: 6/11/2009

  • Last Updated:

  • Address: Nu life Auto Body LLC, Paterson, NJ

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