487-489 Tonnele Ave - Auto Repair FOR SALE


Jersey City, NJ 07307
$1,950,000 USD
201-790-4811
487-489 Tonnele Ave, Jersey City, NJ for Sale
$1,950,000 USD
Auto Repair - FOR SALE
1/8
null | Request Cap Rate

487-489 Tonnele Ave
Jersey City, NJ 07307


HIGHLIGHTS

  • Strategically located on NJ State Highway Truck Route 1&9.
  • The property sits between Manhattan Ave & Old County Road.
  • Perfect property to repurpose as entrepreneurs with visions have done with similar properties in area.

OVERVIEW

Industrial | Commercial Garage For Sale in Jersey City Heights. Strategically located on NJ State Highway Truck Route 1&9. The property is currently home to Rabbit Juanrry Auto Body Shop, a reputable long-standing business and a staple in the community. The property is located on a corner lot which makes it highly visible and accessible especially to commercial traffic. In addition, the property consists of 2 lots and 2 separate addresses [487-489 Tonnelle Ave. & 124 Waller St.]. The property sits between Manhattan Ave & Old County Road. The structure consists of 4 overhead doors, office & bathroom. Parking for 50+ vehicles. The auto body shop features a FuTuRe CuRe Millennium 2000 spray booth & paint room, an auto body CHIEF frame machine, and a MOHAWK car lift all included with the sale. Perfect property to repurpose as entrepreneurs with visions have done with similar properties in area that are in operation and others that are in their project stage. The property is in close proximity to all major highways [NJ TPKE [easy access to 15X Exchange], Route 3, Route 7 and centralized between the Holland Tunnel [2.3 Miles] and the Lincoln Tunnel [4.5 Miles]. If this is a property of consideration, contact me and let's talk! *Please extend courtesy to our tenant and do not visit the property without an appointment or inquire about the sale as they are not the Seller. The Tenant is open to continuing their operation with the new owner. Excellent NNN Lease rental income in place - call for details.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$248 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

Showroom, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

industrial

APN/PARCEL ID

06-03201-0000-00027

ASK ABOUT THIS PROPERTY

Margarita KourmouziNextHome PrimeMore Info
201-790-4811

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Margarita KourmouziNextHome PrimeMore Info
201-790-4811

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