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63 Main St Lodi, NJ 07644

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For Sale
$1,075,000

Retail property with established tenants and high visibility.

Source: Max Deals Realty LLC

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Income Producing Corner Retail Property

This is an investment or user opportunity building. The property includes a dry cleaner that was renovated with new machines, an entire new tile floor, and interior painting. The rooftop was sealed in 2017, and the A/C unit is 10 years old. The listing price does not include the dry cleaning business. The property experiences heavy vehicular street traffic and offers great visibility as a corner property. Neighboring retailers are located on the same side of the street. An auto shop has been operating for more than 59 years with a good neighborhood reputation and desires to remain. The dry cleaner has been an established business for 7 years. The lot size is 5704 square feet (0.14 acres). The net income is $59380, with a cap rate of 5.5%.
Insight Report Location Intelligence

Current Use by Public Records

Cleaner For You Dry Cleaner

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

Similar Places Nearby

Crystal Florist & Greenhouse II, Crystal Florist & Greenhouse

Location Insight

  • Map
  • Local Demand
City
Lodi
County
Bergen
State
New Jersey
Longitude
-74.0877969
Latitude
40.8711279

FAQs

What type of property is this?
Storefront property - Retail property with established tenants and high visibility.
Where is this storefront property located?
The property is located at 63 Main St Lodi, NJ.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: - Income-producing property with $59,380 net income and a 5.5% cap rate.; - Established tenants include an auto shop (59+ years) and a dry cleaner (7 years).; - **High-visibility corner property** on a busy street.
More about this property
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