Description
Prime mixed-use commercial property with strong income and development potential. This well-maintained 2-unit building sits on 0.72 acres and features an exclusive 25+ car private parking lot. The lot measures 176' on the street side, 208' on the left, 191' at the rear, and 144' on the right. The first floor is leased to an established gentlemen's lounge with four years remaining on the lease, and the tenant holds rights to a liquor license, offering stable income. The second floor consists of a spacious 2-bedroom apartment currently rented on a month-to-month basis, allowing flexibility for future use or repositioning. An additional revenue stream comes from a 60-foot standalone sign pole located in the back parking lot, which pays monthly rent. Conveniently located off Route 80 and Route 46, this property offers excellent visibility and easy highway access. With multiple income sources, ample on-site parking, and strong redevelopment potential, this is an outstanding opportunity for investors or owner-users seeking a high-exposure location with upside.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Prime mixed-use commercial property with strong income and development potential. This well-maintained 2-unit building sits on 0.72 acres and features an exclusive 25+ car private parking lot. The lot measures 176' on the street side, 208' on the left, 191' at the rear, and 144' on the right. The first floor is leased to an established gentlemen's lounge with four years remaining on the lease, and the tenant holds rights to a liquor license, offering stable income. The second floor consists of a spacious 2-bedroom apartment currently rented on a month-to-month basis, allowing flexibility for future use or repositioning. An additional revenue stream comes from a 60-foot standalone sign pole located in the back parking lot, which pays monthly rent. Conveniently located off Route 80 and Route 46, this property offers excellent visibility and easy highway access. With multiple income sources, ample on-site parking, and strong redevelopment potential, this is an outstanding opportunity for investors or owner-users seeking a high-exposure location with upside.
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