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27901966
27901967

142 Division Ave, Garfield, NJ 07026

JS
NJ 2294003
JK REALTY
Listed by JK REALTY
$925,000
219 days on market
Updated 4 days ago
Opportunity zone

142 Division Ave Garfield NJ

Details
Property Type Mixed Use
Sub Type building
Square Footage 5,319
Units 2
Tenancy Multi
Price per SqFt $174
Class A
Year Renovated 2022
Buildings 1
Stories 2
Lot Size (SqFt) 5,391
Sale Condition For sale by owner

142 - 146 Division Ave, Garfield – Prime Mixed-Use Investment Opportunity

Marketing description

Discover an exceptional investment opportunity at 142 Division Ave, Garfield. This mixed-use property package offers immediate income and significant growth potential, making it ideal for savvy investors, developers, or owner-operators.

At the heart of this offering is a profitable completely renovated, turnkey liquor store and bar, complete with a valuable liquor license included in the sale. This established business provides a steady stream of revenue from day one.

The property package includes:

  • Two Separate Lots: The main building and an adjacent vacant lot zoned for multi-family use, presenting a prime development opportunity.

  • Commercial Space: A profitable liquor store/bar with a utility room, bathroom, den, and a full basement for ample storage.

  • Residential Unit: A separate-entrance, 3-bedroom apartment on the second floor featuring an eat-in kitchen, full bath, and living/dining area, generating additional rental income.

  • Extra Income & Amenities: A detached two-car garage currently provides rental income, and ample off-street parking enhances convenience for both commercial and residential tenants.

With multiple income streams and tremendous potential for expansion or development, this property is a rare find. Capitalize on the existing business and unlock future value.

Investment highlights

  • Two Separate Lots: The main building and an adjacent vacant lot zoned for multi-family use, presenting a prime development opportunity.

  • Commercial Space: A profitable liquor store/bar with a utility room, bathroom, den, and a full basement for ample storage.

  • Residential Unit: A separate-entrance, 3-bedroom apartment on the second floor featuring an eat-in kitchen, full bath, and living/dining area, generating additional rental income.

  • Extra Income & Amenities: A detached two-car garage currently provides rental income, and ample off-street parking enhances convenience for both commercial and residential tenants.

With multiple income streams and tremendous potential for expansion or development, this property is a rare find. Capitalize on the existing business and unlock future value.

Listing Contacts

JS
NJ 2294003
JK REALTY
Listed by JK REALTY

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Additional Information

Name
Joseph Siano
License
2294003
Brokerage
JK Realty
Title
REALTOR® / Owner
Brokerage Address
270 Colfax Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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