For Sale
$550,000

Avenel StAvenel, NJ 07001

Versatile Property, Endless Potential, Prime Location

Overview

Added:
Feb 3
Days on market:
62
This exceptional 0.22-acre commercial property in Avenel, NJ, presents a unique investment opportunity. Currently operating as a well-maintained dental office, this building offers significant flexibility due to its R-6/OC zoning, permitting either detached home residential conversion or continued office use. The property's prime corner lot location ensures high visibility and accessibility, a significant advantage for any business. Convenient on-site parking is a key feature, recently enhanced with repaving and electrical upgrades. The existing dental office is in excellent condition and could easily transition into a residential dwelling, potentially a charming single-family home, or, with necessary town approvals, a multi-family residence. The building's adaptable layout and the zoning's allowance for office conversion provide a wide range of potential uses. This property is priced at $550,000 and represents a rare chance to acquire a versatile asset in a desirable location. The combination of its current functionality, zoning flexibility, and convenient parking makes this an attractive proposition for both residential and commercial investors seeking a property with significant upside potential. The recent improvements to the parking area and electrical system further enhance the property's value and appeal. Serious inquiries are encouraged to explore the full potential of this remarkable property.

Property Details for Avenel St

Property type
Year Built
1963
Lot Size (sq. ft)
9,583 SF

Location Insight

City
Avenel
County
Middlesex
State
New Jersey
Latitude
40.57579
Longitude
-74.27
Avenel St, Avenel, New Jersey

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Avenel St
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