Commercial - Hillsdale, NJ
Investors Delight! It's all about LOCATION & ROI. High Vehicle & Foot Traffic firmly established (1000 visitors/day). Nestled between a bustling 7/11 Convenience Store & an active Town Park located in the Heart of Town & near the Train Station, this 2230sf Commercial Zoned Property (4A-Mixed Use) is comprised of a 1115sf Office/Showroom/Retail Space, along w/ a 1115sf 1BR/1Bath Soundproof Apt on the 2nd Floor. Top Quality Construction built in 2006 & renovated in 2016 by the Original Owner/Occupant, this Outstanding Asset features updated Heating/Lighting, Doors/Windows, CAC, HW Floors, Central Alarm System w/Cameras, Granite/SS Appliances, Cherry Cabinets & Cedar Closets. ADA Handicap Accessible. Walk-Up Attic w/ 7' Ceilings. Separate Utilities. Onsite Parking for 4 Cars w/ Additional Street Parking in Front of Building. Pro Forma I/E Statement based on NJMLS stats indicates the following assumptions/projections: 1st Floor Rent = $2300/Mth...2nd Floor Rent = $1700/Mth...GOI = $48,000... Expenses(Taxes/Ins/Water) = $13,000...NOI = $35,000...CapRate = 6.3%.
Would you like more information regarding this property?
Please call (201) 445-4300.
Data Provided by:
Keller Williams Realty, Inc.