63 Main St Lodi, NJ 07644
Income-producing retail building with long-term tenants in a high-traffic location.
Property Features for 63 Main St
General Information
- Standard status
- Active
Source:
Exprealty
Listing Agency: Max Deals Realty LLC Listing Agent: Douglas Hwang
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Retail Building with Established Businesses
This retail building presents an investment or user opportunity. The property features a dry cleaner that was renovated in 2017 with new machines, new tile flooring, interior painting, and a sealed roof. The air conditioning unit is 10 years old. The listing price does not include the dry cleaning business. Located on a corner lot with high street traffic and great visibility, the property is situated among neighboring retailers. An auto shop has been a tenant for over 59 years and wishes to remain. The dry cleaner has been established for 7 years. The lot encompasses 5704 square feet (0.14 acres). The net income is $59380.
Location Intelligence
Current Use by Public Records
Cleaner For You
Dry Cleaner
Location Insight
- Map
- Local Demand
- City
- Lodi
- County
- Bergen
- State
- New Jersey
- Longitude
- -74.0877969
- Latitude
- 40.8711279
Nearby Similar for Sale
FAQs
What type of property is this?
Individual retail property - Income-producing retail building with long-term tenants in a high-traffic location.
Where is this individual retail 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 boasting a net income of $59,380 and a 5.5% cap rate (building only).; - Established tenants include a long-standing auto shop (59+ years) and a dry cleaner (7 years).; - Dry cleaner recently renovated with new machines, new tile floor, interior painting, and roof sealed in 2017.