Exceptional investment opportunity in Bayonne, New Jersey, featuring a 10,000 square foot mixed-use building at 47-51 John F. Kennedy Boulevard, zip code 07002. This property, built in 1930, offers three separate commercial spaces totaling nearly 4,700 net rentable square feet, currently occupied by an air conditioning fabrication company, a mechanic shop, and a recording studio, providing diversified rental income streams. The building boasts two dock-high doors, ideal for efficient loading and unloading. Located in a thriving commercial district, just blocks from the Bayonne Bridge entrance and Route 440, this property offers excellent visibility and accessibility. Its prime location, only 1.5 blocks from a new movie studio, ensures high demand and future growth potential. The asking price is $1,600,000, with a current Net Operating Income (NOI) of $29,162. This versatile property is perfect for investors seeking a strong return in a high-growth area. The property is zoned for industrial, mixed-use, office, and retail uses, offering flexibility for future tenants and maximizing investment potential. Don't miss this rare opportunity to acquire a well-located, income-producing property in a rapidly developing area.
Highlights
$1,600,000 asking price.
10,000 total square feet, 4,700 square feet net rentable.
Three units: auto shop, creative office, and manufacturing space.
$29,162 annual Net Operating Income (NOI).
Located at 47-51 John F. Kennedy Blvd, Bayonne, NJ 07002, near the Bayonne Bridge and Route 440.
Retail property - High-demand Bayonne commercial property, three units.
Where is the retail property located?
The property is located at 47-51 John F. Kennedy Blvd Bayonne, NJ.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: $1,600,000 asking price.; 10,000 total square feet, 4,700 square feet net rentable.; Three units: auto shop, creative office, and manufacturing space.
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Contacts
Christopher Piechocki
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John F. Kennedy Blvd Bayonne, NJ 07002
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John F. Kennedy Blvd Bayonne, NJ 07002
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47-51 John F. Kennedy Blvd
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