Commercial Real Estate for Sale at 35 2nd St in Fanwood Boro, NJ for $1,599,000

Listing data updated October 15, 2024 - 6:55pm
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35 2nd St | Fanwood Boro

$1,599,000 | 7 Baths (7 Half) | 1,931 Sq. Ft.

This storefront retail/residential property, built in 2021, offers a premium opportunity for both investors and end-users. Situated in a high-demand Central Business District (CBD), the building offers 7,463 SF of space, with 60% currently leased, providing a stable income stream with additional lease potential.The 2-story building has multiple tenants and is zoned to allow for a mix of residential and retail use. Features include 14 dedicated parking spaces and excellent visibility with 75 feet of frontage on Second Street. Ideal for a wide range of retail or residential use, this property boasts 24-hour access, signage, and proximity to commuter rail.The building is Class A construction, ensuring quality and long-term value. Don't miss out on this versatile, centrally located property with great income potential! GSMLS 3929476

Directions to property: South Ave to S 2nd St.

MLS Listing ID: 
GSMLS 3929476
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$1,599,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Primary Market Area: 
Fanwood Boro
Address: 
35 2nd St, Fanwood Boro, NJ 07023-1254, U.S.A.
County: 
Union
Latitude: 
40.6394100
Longitude: 
-74.3849000
Directions: 
South Ave to S 2nd St.
Public Remarks: 
This storefront retail/residential property, built in 2021, offers a premium opportunity for both investors and end-users. Situated in a high-demand Central Business District (CBD), the building offers 7,463 SF of space, with 60% currently leased, providing a stable income stream with additional lease potential.The 2-story building has multiple tenants and is zoned to allow for a mix of residential and retail use. Features include 14 dedicated parking spaces and excellent visibility with 75 feet of frontage on Second Street. Ideal for a wide range of retail or residential use, this property boasts 24-hour access, signage, and proximity to commuter rail.The building is Class A construction, ensuring quality and long-term value. Don't miss out on this versatile, centrally located property with great income potential!
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
2021
Living Area: 
1,931
Basement: 
Storage, Unfinished
Construction
Construction Materials: 
Brick/Block, Metal Frame
Roof: 
Asphalt Shingle
Exterior: 
Composition Siding
Energy Information: 
Gas In Street
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
7
Total Half-Bathrooms: 
7
Utilities
Information about utilities available on the property.
Heating System: 
4+ Units, Forced Hot Air
Heating System Fuel: 
Gas-Natural
Cooling System: 
4+ Units, Central Air
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Lot Size (Dimensions): 
75X119X75X122
Waterfront: 
0
Lot Features
Driveway: 
Blacktop, Off-Street Parking, Parking Lot-Exclusive
Parking Type: 
Blacktop, Off-Street Parking, Parking Lot-Exclusive
Public Record
Parcel Number: 
2905-00064-0000-00022-0000-
Lot Number: 
22
Annual Tax: 
$56,442.00
Property Zoning: 
Commercial
Contract Details
Details about the listing contract.
Possession: 
closing
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
RE/MAX SELECT

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