125 2nd Ave Roselle, NJ 07203-1290

Property Details for 125 2nd Ave

Year built

1890

Construction

FRAME

Lot size

0.11 lot acres

Property size

2,608 SF

Zone code

CB

Property type

Commercial real estate

APN

14 03002-0000-00023- 01

APU

140300200000002301

Description

This exceptional mixed-use property, located at 125 E 2ND AVE Unit 1, Roselle, NJ, presents a unique investment opportunity. Spanning 7,501 square feet on a 0.11-acre lot, this building seamlessly blends commercial and residential spaces. The ground floor features a substantial commercial area, perfect for a variety of businesses – retail, office, or service-oriented enterprises. A fully finished basement provides ample additional space, ideal for storage, operations, or expansion of the commercial venture. Convenient rear parking is available, ensuring easy access for customers and residents. Upstairs, two well-appointed residential apartments offer excellent rental income potential. One apartment is currently occupied, generating immediate rental revenue. This property is situated in the heart of downtown Roselle, offering high visibility and accessibility. The combination of a prime location, versatile space, and existing rental income makes this an attractive proposition for entrepreneurs, investors, or anyone seeking a blend of commercial and residential living in a thriving downtown area. The asking price is $964,999. This is a rare opportunity to acquire a property with significant income potential and a desirable location.