Laura Miller - Coldwell Banker Hearthside
1 Lackawanna Pl
South Orange Village Twp., NJ 07079

Description

GREAT OPPORTUNITY TO OWN BOTH PROPERTY & A 45Yr ESTABLISHED BUSINESS.(European luxury auto repair shop) Amazing 2 free standing buildings w/leased 2car garage $1500/mo & 3yr lease $2500/mo Total rental income $48k/year Offers 30 outdoor parking spaces, Main building has 3 Lifts / 5Bays, 8 cars inside, 9ft overhead door. Secondary building has 2 lifts/ 8 cars inside, 9ft overhead door. B-3 zone. District use regulation document attached shows approved uses in B-3 zone are apartment units, convenience stores, bank, restaurant, professional offices & parking facility. See media section under zoning for district lot yard bulk regulations and permitted uses. Turn key for operator. Plenty new multi-family development in S Orange, with much on Valley Street incl new 320 Valley a 22 rental unit.

Details

MLS#3481084
StyleIndustrial
Sub-TypeResale
StatusActive
Year9999
Days On Site145

Features

SQ Feet5,372
Story(s)1
Units3
ZoningB-3

Additional Information

Annual Tax Amount21977
Assesed Tax Valuation715400
Tax ID3.072
Tax Rate2017

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Area Information

StateNJ
CountyEssex
CitySouth Orange Village Twp.
Zip Code07079
AreaEssex
Listing VS Median (in 07079)
Price:
$995,000
low | high
Med:
$579,750
91.733668341709% of Average
SqFt:
5,372
low | high
Med:
0
100% of Average
$ / SqFt:
$185
low | high
Med:
$0
100% of Average
On Site:
145
low | high
Med:
24
100% of Average
Listing Updated: 11/11/2018
MLS Number: 3481084
Listing Provided By:
WEISS LAURENCE  of  ELITE REALTORS OF NEW JERSEY