20,000-sf Redevelopment Site in JC Land FOR SALE


Jersey City, NJ - McGinley Square4,792 SF
$4,500,000 USD
551-556-3738
, Jersey City, NJ for Sale
$4,500,000 USD
Land - FOR SALE
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20,000-sf Redevelopment Site in JC
Jersey City, NJ
McGinley Square


HIGHLIGHTS

  • Seven lots
  • Redevelopment Plan Area
  • Existing Mixed-Use structures
  • Car Dealership and Auto Repair Shop
  • Approx 20,000 sf
  • Build up to 5 stories as of right, 7 w/ affordable housing

OVERVIEW

This approximately 20,000 SF portfolio comprises seven lots located in the Bergen-Lafayette section of Jersey City, within the Morris Canal Redevelopment Plan. The site permits up to five stories as-of-right, with the potential to develop up to seven stories by incorporating an affordable housing component. This offering presents an ideal development opportunity, allowing an investor to generate income in the near term while planning for future development. Seller financing available! - Car Dealership (709-711 Grand St) - Mixed-use building (701-703 Grand St): 3-bed, 2-bath apartment Fusion Cafe w/kitchen Locksmith - Parking Lot (701 Grand St) - Auto Repair Shop (1097 Garfield Ave) w/paint booth. Previously an auto body shop. Auto Body license can be obtained. - Car lot (14-6 Summit Ave) Collective Square Footage 19,850 sf - IRR

ASK ABOUT THIS PROPERTY

Kelly BastidasWest Hoboken ResidentialMore Info
551-556-3738

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Kelly BastidasWest Hoboken ResidentialMore Info
551-556-3738

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.