47-51 John F. Kennedy BlvdBayonne, NJ 07002

Property Details for 47-51 John F. Kennedy Blvd

Year built

1930

Property size (Sq ft)

10,000 SF

Property type

Retail properties

Property subtype

Office properties

Description

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.

Location Insight

City

Bayonne

County

Hudson

State

New Jersey

Latitude

40.6484

Longitude

-74.1384

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