122 CENTRAL AVENUE, Clark Twp., NJ 07066

$2,250,000

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List Price
$2,250,000
MLS#
4028218
Dom
69
Year Built
9999
Status
ACTIVE
County
Union
City
Clark Twp.
Subdivision
DOWNTOWN CLARK/RARITAN CORR
Acres
0.34

Property Description

122 CENTRAL AVENUE IS A BEAUTIFUL, BRICK, FREESTANDING RETAIL BUILDING WITH EXCELLENT PARKING IN PRIME LOCATION AND CONDITION. THE SINGLE STORY PROPERTY CONSISTS OF 2 SEPARATE UNITS WITH SHORT TERM LEASES. NEW ROOF. 25 PARKING SPACES. THE LOCATION IS HIGHLY VISIBLE AND EASY TO ACCESS. THE PROPERTY ITSELF HAS BEEN MAINTAINED AND RENOVATED WITH THE HIGHEST QUALITY SINCE IT WAS BUILT. THE CURRENT RENT ROLL SHOWS A 6.5% CAP RATE. THIS VERY SPECIAL PROPERTY MAKES SENSE FOR OWNER-USERS AND INVESTORS.

Additional Information

Taxes
$25,492
Cooling
2 Units
Exterior
Brick/Block
Garage Spaces
25
Heating
2 Units
Roof
Flat
Sewer
Public Sewer
Water
Public Water
Basement
Yes
Lot Description
Level Lot

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Listing Courtesy Of COLDWELL BANKER REALTY, Contact: 908-812-3000

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