524 William StEast Orange, NJ 07017

This exceptional investment opportunity presents a thriving restaurant and barbershop located at 524 William St, East Orange, NJ 07017, in Essex County. The property boasts a substantial 4,700 square feet of space, currently housing two separate businesses. The asking price is $537,000, translating to $114.26 per square foot. The layout includes a large area extending across the rear of the building, offering significant potential for expansion or modification. A small driveway and garage are included, providing convenient access and parking. Currently, the rental income is below market value, presenting a clear opportunity to increase profitability. Furthermore, the property's size and location offer considerable potential for future development. This property is ideal for an investor seeking a strong return or an owner-operator looking to establish or expand their business in a vibrant location. The property's strategic position in East Orange, New Jersey, provides excellent access to a diverse customer base. This is a rare chance to acquire a well-established business with significant upside potential. The property is zoned for commercial use.