571-575 Martin Luther King Jr Dr - Freestanding FOR SALE


Jersey City, NJ 07304- Bergen-Lafayette
$6,900,000 USD
201-282-8640
571-575 Martin Luther King Jr Dr, Jersey City, NJ for Sale
$6,900,000 USD
Freestanding - FOR SALE
1/23
null | Request Cap Rate

571-575 Martin Luther King Jr Dr
Jersey City, NJ 07304
Bergen-Lafayette


OVERVIEW

**Prime Commercial Investment Opportunity – Jersey City** Located along the growing Martin Luther King Jr. Drive commercial corridor, this approximately **18,000 SF fully commercial property** offers strong in-place income with additional upside potential. The property features **multiple retail storefronts** with a diverse tenant mix and is currently **fully leased**, providing stable cash flow for investors. Positioned in a high-visibility location with strong neighborhood traffic, the property is surrounded by established businesses including **KFC, a fish market, beauty supply stores, and other local retailers**. As Jersey City continues to grow and transform, this asset offers an attractive opportunity for investors seeking **stable income, long-term appreciation, and future upside potential**.

FOR SALE DETAILS

PRICE

$6,900,000 USD

PRICE/SF

$605 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Supermarket

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

commercial

APN/PARCEL ID

06-17901-0000-00001

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201-282-8640

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Grace ChoiRE/MAX NOW - Palisades ParkMore Info
201-282-8640

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