$675,000
Off Market

288 MARTIN LUTHER KING JR DR

Jersey City, NJ 07305
Type:Purchase
Structure:Mixed Use
Zone:Commercial

Description

This expansive three unit, mixed-used, all-brick property boasts an impressive 2,700 sq ft spread across three floors. The ground level is zoned commercial, and used as a restaurant with a one year lease in place . The two residential units are vacant, have seperate utilities, and boasts three and a half bedrooms, one bathroom, living room, and eat-in-kitchen. Two year old roof and one new boiler offer convenience and low maintenance to the next owner. Situated in the Greenville Section of Jersey City, this pre-historic row-building is sixty-six percent vacant, with endless up-side potential up to 7% cap-rate pro-forma. Approximately 20 minutes outside of lower Manhattan, New York, Downtown Jersey City, Newark Liberty Airport, Hoboken, and all major towns!

Location

George LlerenaReal Estate Agent