24 Little Falls Rd Under Contract Save Request In-Person Tour Request Virtual Tour
Fairfield Twp.,NJ 07004
Key Details
Property Type Commercial
Listing Status Under Contract
Purchase Type For Sale
Square Footage 4,584 sqft
Price per Sqft $370
MLS Listing ID 3893940
Year Built 1979
Annual Tax Amount $15,779
Tax Year 2023
Lot Size 0.660 Acres
Property Description
Prime Commercial Property- Prime commercial real estate property located in the heart of Fairfield.- Features a shopping strip with five distinct units suitable for various businesses.- Offers ample parking, attracting a steady flow of customers.- Strategically located near major routes RT 48 and 80 for high visibility and easy access.- Low rent that has remained unchanged for the past seven years.- Opportunity for the new owner to increase the rent by 10% to 15% with a new triple net lease agreement.- All units are currently occupied, demonstrating sustained demand.- Tenants are responsible for their own utilities, reducing the owner's operational costs.- Presents a lucrative investment opportunity with immediate returns and promising future growth.This prime property is a commercial real estate gem located in the bustling heart of Fairfield. It features a shopping strip with five distinct units, each boasting its own unique potential for various retail or service-based businesses. ------------------------------------
Location
State NJ
County Essex
Zoning Commercial
Interior
Heating Gas-Natural
Cooling Central Air, See Remarks
Flooring Laminate
Equipment Fire Alarm, Restrooms - Private, Sign - Building, Sign - Freestanding, Smoke Detector
Exterior
Exterior Feature Brick/Block, Concrete
Utilities Available All Underground
Roof Type Flat
Building
Lot Description Level Lot
Story 1
Sewer Public Sewer
Water Public Water