346-348 Broadway - Auto Repair FOR SALE


Bayonne, NJ 07002- Constable Hook
$1,750,000 USD
917-902-7605
346-348 Broadway, Bayonne, NJ for Sale
$1,750,000 USD
Auto Repair - FOR SALE
1/5
null | Request Cap Rate

346-348 Broadway
Bayonne, NJ 07002
Constable Hook


HIGHLIGHTS

  • Ideal for an Owner Operator
  • Great corner location for a New Development
  • Perfect opportunity for a National Retailer

OVERVIEW

This offering presents a compelling opportunity to acquire a 60’ x 100’ corner property located along Bayonne’s highly trafficked Broadway corridor, one of the city’s primary commercial and transit-oriented thoroughfares. The site is improved with an approximately 1,800 square foot, three-bay mechanic’s garage and includes on-site parking for up to 14 vehicles, providing immediate operational utility and strong visibility. The asset is well suited for multiple buyer profiles: - An owner-user mechanic can purchase an established facility and own the underlying real estate rather than lease, securing long-term cost control and equity growth. - A national or regional automotive-related operator may find the location ideal for expansion due to strong traffic counts, corner exposure, and existing infrastructure. - A developer seeking a meaningful redevelopment for a multifamily, mixed-use, or medical office project, benefiting from its corner lot configuration, frontage, and proximity to surrounding residential and commercial uses.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$1,061 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Service Station, Storefront Retail/Residential, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,100 SF

ZONING

N/Av

APN/PARCEL ID

01-00247-0000-00050

ASK ABOUT THIS PROPERTY

Elliot SchechterPalisade PartnersMore Info
917-902-7605

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Elliot SchechterPalisade PartnersMore Info
917-902-7605

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