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Pending

$820,000

237 Haledon Ave, Haledon Boro, NJ 07508

9,999 Sq.Ft.
Est. payment from /mo

Property Description

INVESTMENT OR OWNER-USER OPPORTUNITY! Well-maintained, income-producing mixed-use property featuring two fully leased residential apartments upstairs and a turnkey restaurant on the ground floor. The property offers ample on-site parking for both residents and patrons, a major value add. The residential units provide immediate cash flow with one unit leased month-to-month and one unit on a one-year lease, allowing flexibility for future rent adjustments. The restaurant space is fully equipped and ready for operation, soda lines, refrigeration, commercial kitchen, full bar, basement office, and additional storage. ALL EQUIPMENT AND FIXTURES ARE NOT INCLUDED BUT NEGOTIABLE. Located just one mile from William Paterson University, this asset presents strong value-add potential through rent increases and longer-term leases. Liquor license is not included but negotiable. Excellent opportunity won't last!
INVESTMENT OR OWNER-USER OPPORTUNITY! Well-maintained, income-producing mixed-use property featuring two fully leased residential apartments upstairs and a turnkey restaurant on the ground floor. The property offers ample on-site parking for both residents and patrons, a major value add. The residential units provide immediate cash flow with one unit leased month-to-month and one unit on a one-year lease, allowing flexibility for future rent adjustments. The restaurant space is fully equipped and ready for operation, soda lines, refrigeration, commercial kitchen, full bar, basement office, and additional storage. ALL EQUIPMENT AND FIXTURES ARE NOT INCLUDED BUT NEGOTIABLE. Located just one mile from William Paterson University, this asset presents strong value-add potential through rent ...
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Area & Lot

Total Area
9,999 Sq.Ft.
Lot Size
4,356 Sq.Ft.
MLS® ID
4010284
Type
Commercial
Year Built
1980

Exterior & Building

Stories
3
Garage Spaces
7.0
Water Source
Public
Utilities
Underground Utilities
Roof
Asphalt
Heat Type
Natural Gas
Air Conditioning
Window Unit(s)
Sewer
Public Sewer
Security Features
Smoke Detector(s)

Finance

Reduced Price
Price Upon Request
Real Estate Taxes
$17,952/yr
Zoning
commercial
237 Haledon Ave

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Work With Kim

Licensed in New Jersey and previously a broker in Colorado and Maryland, RE/MAX Select agent Kim Damion offers 24 years of combined real estate and marketing experience backed by substantial credentials.