770 West Side Ave - Drug Store FOR SALE


Jersey City, NJ 07306- McGinley Square
$2,599,000 USD
347-724-6393
770 West Side Ave, Jersey City, NJ for Sale
$2,599,000 USD
Drug Store - FOR SALE
1/16
null | 7.06% Cap Rate

770 West Side Ave
Jersey City, NJ 07306
McGinley Square


OVERVIEW

Introducing 770 Westside Avenue, a highly desirable mixed-use commercial building located in the heart of vibrant and fast-growing Jersey City. This well-maintained income-producing property features 8 residential units and 2 fully leased commercial spaces, including a popular hair salon and a long-established, stable pharmacy. Offering an impressive 7% cap rate, this turnkey asset presents a solid opportunity for investors seeking reliable cash flow and long-term value. The property benefits from high foot traffic, excellent visibility, and proximity to public transportation, major highways, schools, and retail amenities. With strong rental income from both residential and commercial tenants, 770 Westside Avenue is the perfect addition to any real estate investment portfolio.

FOR SALE DETAILS

PRICE

$2,599,000 USD

PRICE/SF

$355 USD /SF

CAP RATE

7.06%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1892

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,505 SF

ZONING

-

APN/PARCEL ID

06-16301-0000-00062

ASK ABOUT THIS PROPERTY

Alexander FaynProminent Properties Sotheby's RealtyMore Info
347-724-6393

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Alexander FaynProminent Properties Sotheby's RealtyMore Info
347-724-6393

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