Session Real Estate
Listed by Session Real Estate
$1,400,000
337 MLK Dr
Details
Property Type Mixed Use, Retail
Sub Type QSR/Fast Food, Storefront
Square Footage 3,200
Units 4
Cap Rate 3.00%
Occupancy 100%
Tenancy Multi
Lease Type NN
Pro-Forma Cap Rate 7.00%
Price per SqFt $438
Broker Co-Op Yes
Year Renovated 2023
Buildings 1
Stories 2
Lot Size (SqFt) 2,856
Zoning R-2
Investment Type Owner/User
Tenant Credit Credit Rated
Ownership Private
Sale Condition 1031 exchange
Mixed Use | 3.00% CAP | 3,200 SqFt
Marketing description
Unlock your real estate portfolio potential at this well positioned building on a high-traffic corner with over 15,000 daily passersby, it’s surrounded by popular restaurants, boutique shops, and corporate offices to include Jersey City municipal offices, ensuring a steady flow of potential clients. Featuring floor-to-ceiling windows, open-concept layout, and high ceilings, the two commercial spaces offer maximum visibility and a welcoming atmosphere for customers. The residential units feature two- and three-bedroom units with high rent potential where a veritable hotbed of development is set in values-focused neighborhood community. Call today for details, walkthrough.
Investment highlights
High Foot Traffic
High visibility
Escalations
Well-maintained building
Listing Contacts
Session Real Estate
Listed by Session Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
