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345 CENTRAL AVE, Jersey City, NJ 07307

$3,600,000
Commercial Property MLS# 170012738 ID: 46642246
$3,600,000 Get Rates

Investment - JC, Heights, NJ
Great development opportunity in the highly sought-after Heights section of Jersey City. This two-story, 10,750± square foot mixed use building with approximately 7000sq ft of reatail and stable tenants has approvals in-place for 25 residential units and 2 parking spaces. This is a rare opportunity for a grocery store chain or other large retailer to grab the largest street level space currently available on Central Ave. This property is situated centrally in one of JC's hottest areas markets, quickly becoming a popular alternative to Manhattan, Brooklyn, and Downtown JC. This redevelopment takes advantage of the growing multifamily demand in this hot, low vacancy market, with great rents and new construction condo returns. The moderate construction costs associated with this project will appeal to many types of investors, whether it be a first time or seasoned developer looking to break into The Heights market or a local owner looking to add to their portfolio, with an in-place income stream from the existing retail tenants. - Excellent commute to NYC with Direct buses or quick access to the 9th Street and 2nd Street Lightrail Stops. - Excellent view of New York City skyline from upper levels - Close to all the burgeoning Heights Area has to offer including the Palisade Arts District, New Retail, Coffee Shops, and New Restaurants

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Location Information near 345 CENTRAL AVE
Offered by RYAN MCFARLAND at BOYNE REALTY

Would you like more information regarding this property?
Please call (201) 451-0950.

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Property Features for 345 CENTRAL AVE
Status
Market Status
Available
Last Updated
November 19, 2017
Description
Property Type
Commercial Property
Stories
4.0

Building Features

  • Stories: 4.0

Legal/Financial

  • Taxes: 29928

Listing Features

  • Property Type: Commercial; Investment
  • RYAN MCFARLAND
  • BOYNE REALTY

Data Provided by:
Hudson County Multiple Listing Service

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More information about this $3,600,000 Commercial Property at 345 CENTRAL AVE

This $3,600,000 Commercial Property at 345 CENTRAL AVE in Jersey City, NJ is presented by RYAN MCFARLAND. This $3,600,000 Commercial Property, located in the 07307 zip code, has the following property features: Stories, Property Type, Taxes. This 345 CENTRAL AVE Commercial Property, located in Hudson County , is listed under MLS listing number 170012738 and has a listing price of $3,600,000. You can find more JERSEY CITY homes for sale here.