NJ > Fairfield Twp.
Fairfield Twp., NJ 07004,24 Little Falls Rd
Fairfield Twp., NJ 07004,24 Little Falls Rd
Fairfield Twp., NJ 07004,24 Little Falls Rd
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$1,700,000
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4,584 SqFt
Under Contract

24 Little Falls Rd Fairfield Twp., NJ 07004

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Isaac De Castro

Isaac De Castro

+1(646) 626-7901

UPDATED:

10/15/2024 01:25 PM

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

Rooms

Basement Partial

Interior

Heating Gas-Natural

Cooling Central Air, See Remarks

Flooring Laminate

Equipment Fire Alarm, Restrooms - Private, Sign - Building, Sign - Freestanding, Smoke Detector

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block, Concrete

Utilities Available All Underground

Roof Type Flat

Parking Type Blacktop

Building

Lot Description Level Lot

Story 1

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by RE/MAX SELECT

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Isaac De Castro

Real Estate Advisor | 3561456; 1750974; 10401278264

+1(646) 626-7901

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