12 Washington Ave, Plainfield City, NJ 07060

$4,700,000

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List Price
$4,700,000
Price Change
▼ $800,000 1780437832
MLS#
4015498
Dom
75
Year Built
1930
Status
ACTIVE
County
Union
City
Plainfield City
Acres
1.03

Property Description

Exceptional mixed use investment redevelopment opportunity in the vibrant downtown district of Plainfield. Located at 12-18 Washington Ave Plainfield, NJ 07060 (Lots 9,16,17, & 18.) This property sits in a prime urban-suburban mixed use corridor with strong visibility and convenient access to local amenities and transportation. The property currently features multiple income-generating components, including an operating daycare, a warehouse space with a loading dock, a printing shop, a juice bar, and two apartments. The residential units consist of one spacious 2 bedroom two bath apartment and a 1 bedroom 1 bath apartment, offering rental income potential.A dedicated parking lot entrance from Washington Ave provides approximately six off-street parking spaces, adding valuable convenience for tenants and visitors. With its large combined lot size and prime downtown location, this property presents an outstanding opportunity investors, developers, or owner-users. The site is well suited for future redevelopment into a modern mixed use residential and commercial building, capitalizing on the continued growth and revitalization of the Plainfield downtown area. A rare chance to acquire a versatile property with existing income streams and significant long-term development potential.

Additional Information

Taxes
$10,757
Cooling
Central Air
Exterior
Brick/Block
Garage Spaces
6
Heating
Forced Hot Air
Roof
Flat
Sewer
Public Sewer
Water
Public Water
Basement
Yes
Lot Description
Irregular Lot, Possible Subdivision

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Listing Courtesy Of COLDWELL BANKER REALTY FLE, Contact: 201-232-6145

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