Jersey City, NJ 07304 · Investment · For Sale · MLS 260018726
571-575 Martin Luther King Jr Dr
$5,420,000
Investment
Use
12
Parking spaces
12
Days Listed
About this property
**Prime Commercial Investment Opportunity – Jersey City** Fully leased - Located along the growing Martin Luther King Jr. Drive commercial corridor, this approximately **18,000 SF fully commercial property** offers strong in-place income with additional upside potential. The property features **multiple retail storefronts** with a diverse tenant mix and is currently **fully leased**, providing stable cash flow for investors. Positioned in a high-visibility location with strong neighborhood traffic, the property is surrounded by established businesses including **KFC, a fish market, beauty supply stores, and other local retailers**. As Jersey City continues to grow and transform, this asset offers an attractive opportunity for investors seeking **stable income, long-term appreciation, and future upside potential**.
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationJersey City, NJ 07304
MLS #260018726
Site & exposure
Parking spaces12
Investment
Annual taxes$56,040
Est. gross income$320,640
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 Jersey City 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 571-575 Martin Luther King Jr Dr?
The asking price is $5,420,000.
What is 571-575 Martin Luther King Jr Dr 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 Jersey City zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.
How do I tour 571-575 Martin Luther King Jr Dr?
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.
