Courtesy of: NANCY CHU, KELLER WILLIAMS - NJ METRO GROUP, nancy@nancychuhomes.com
Courtesy of: NANCY CHU, KELLER WILLIAMS - NJ METRO GROUP, nancy@nancychuhomes.com
$1,000,000
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Other
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$1,000,000
139 Roseland Ave Exceptional Auto Body Shop for Sale! Situated in the heart of Caldwell, this auto body shop enjoys a strategic location with easy access to major thoroughfares, ensuring a steady flow of customers. Take advantage of the established community and proximity to potential clients. Address: 139 Roseland Ave, Caldwell, NJ Building Size: 2355 sq. ft. Lot Size: 5781 sq. ft. Zoning: RD/OP - Offers flexibility for auto-related businesses and potential redevelopment into Garden Apartments. Cap Rate: 8.28% Gross Income: $80, 400 Expenses: $12, 053 (Property taxes) NOI: $68, 347 Property Taxes: $12, 053. Auto Body Shop Features: 4 Bays w/ ample space for simultaneous work on multiple vehicles, enhancing productivity; 1 Spray Booth w/ state-of-the-art facility to ensure precision and perfection in every paint job; 1 office; and 1 bathroom. Investment Highlights: AUTO BODY BUSINESS SINCE 1975 w/ tenant currently in place with a 5-Year Lease. Used Car Dealership's License Included. Zoning Opportunities: RD/OP zoning not only supports the existing auto body shop but also allows for possible redevelopment of the property into Garden Apartments.
Courtesy of: NANCY CHU, KELLER WILLIAMS - NJ METRO GROUP, nancy@nancychuhomes.com
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