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Downtown Retail Condo For Sale

000 WASHINGTON ST Hoboken, NJ 07030

000 WASHINGTON ST, Hoboken, NJ, 07030
$699,000
For Sale
$699,000

Commercial condo with tenant in place, 6.5% cap rate.

Property Size512 SF
Price / SF$1,365
Days on Market109

Property Features for 000 WASHINGTON ST

General Information

Standard status
Active
Size
512 SF
Property subtype
Commercial
Listing Agency COMPASS NEW JERSEY, LLC
Listed by PADRAIC GALLAGHER
Source Corcoran
Added: Mar 31 Checked: Jul 16 at 9:49 pm

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMPASS NEW JERSEY, LLC


Investment Insights

Based on property information with market context.

A commercial condominium is available for purchase on downtown Washington Street. The property is currently occupied by a tenant. The property offers 512 square feet of space distributed across two floors. It features 18 feet of retail window frontage. The interior includes central HVAC on the upper floor and mini-split systems on the lower floor, along with high ceilings and recessed lighting. The current capitalization rate is 6.5%.

Key Highlights

  • 6.5% cap rate as is
  • Prime downtown Washington Street location
  • Functioning tenant in place

Property Analytics

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Auto Repair Shop Auto Parts Store Nursing Home Carpet & Flooring Store Nursing Home Home Appliance Store Butcher (Bike/Boat/Book/etc) Store Catering Service Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Commercial condo with tenant in place, 6.5% cap rate.
Where is this retail space located?
The property is located at 000 WASHINGTON ST Hoboken, NJ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 6.5% cap rate as is; Prime downtown Washington Street location; Functioning tenant in place
Contact an agent
More about this property
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