Bayonne, NJ 07002 · Investment · For Sale · MLS 260004275
989 Broadway
$999,999
Investment
Use
3
Units
2
Parking spaces
135
Days Listed
About this property
Rare opportunity to own a large two-story mixed use corner, brick building and a prime Bayonne location offering excellent investment and owner occupant potential. The first floor features a medical professional office of over 1800 ft.² currently configured with nine exam rooms, reception area, and waiting lobby, plus central AC, two parking spaces, and a partially finished basement with full bathroom. The commercial space is vacant, providing immediate opportunity for owner occupancy or new lease income. The upper levels include two residential apartments, generating strong rental income, creating an attractive cash flow investment. Highly visible corner close to the light rail, buses, shopping, restaurants, and major services making it ideal for both professional use and residential tenants. Excellent opportunity to acquire a well located mixed use building with income, exposure, and long-term upside in Bayonne.
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationBayonne, NJ 07002
MLS #260004275
Space
Units3
Stories2
Constructionbrick
Building systems
SprinklersNone
Site & exposure
Parking spaces2
Investment
Annual taxes$17,800
Est. gross income$75,600
Est. operating expense$27,600
Mixed useYes
Zoning & permitted use
Zoning and permitted-use codes are not published in the MLS IDX feed, so this page does not state one. Before you sign a lease or a contract, permitted use has to be confirmed with the Bayonne zoning office. Andrew Diaz can pull the full broker file and work that question through with you.
Location
Questions about this property
What is the asking price for 989 Broadway?
The asking price is $999,999.
What is 989 Broadway zoned for?
Zoning is not published in the MLS IDX feed, so this page does not state one. The listing describes the property as Investment, but permitted use must be confirmed with the Bayonne zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.
How do I tour 989 Broadway?
Call or text Andrew Diaz at (551) 235-3473. He can arrange a walkthrough, pull the full broker file, and represent you through the purchase.
