$999,000
Active
50 Days Online
0 Beds2 Baths1,350 SQFT
Active

50 Park Ave East Orange City, 07017

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Located at the bustling intersection of Park Ave and N 16th in East Orange, this commercial property presents a lucrative opportunity for investors and developers alike. Comprising two adjacent lots at 50 Park Ave and 44 Park Ave (13400 sqft), this corner lot boasts high visibility and exposure, making it an ideal spot for a range of businesses. Currently operating as an automobile repair shop.Zoned as Commercial 4A, versatile usage options: retail, office space, service-oriented. Situated at a prominent intersection, the property benefits from heavy foot and vehicle traffic, ensuring maximum exposure for any business venture. Development Potential: In addition to its current use, the property holds significant development potential. With plans in progress to obtain a residential permit for a 20-unit building, investors have the opportunity to capitalize on the burgeoning demand for housing in the area. The corner lot configuration offers maximum visibility and accessibility, making it an attractive location for businesses seeking to establish a strong presence in the community. #Buyer is responsible for conducting their own due diligence about zoning & development. Don't miss out on this exceptional opportunity to invest in a prime commercial property.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyEssex
  • Taxes$8,784
  • HOA/Condo/Coop Fees$0
  • Days on Site50 Days
  • MLS StatusActive
  • MLS ID Number3921366
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size0.21 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Additional ParkingParking Lot- Exclusive
  • Number of Stories 1
  • Acreage 0.21
  • Water Public
  • Property Sub Type Business
  • Zoning Commercial-4A

Interior Features

  • Cooling See Remarks
  • Heating nullHeating Type: See Remarks

Exterior Features

  • Roof Asphalt

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Monthly Payment (Est.)

$5,020
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