213 Van Winkle Ave Hawthorne, NJ 07506

This three-story mixed-use income property is centrally located in Hawthorne, New Jersey. The property features a balanced unit mix consisting of one two-bedroom, one-bathroom apartment with a bonus full attic space, anchored by a storefront with 16 feet of street frontage, retrofitted for convenience store use. The street-level retail space offers an open floor concept with shelved display space, an elevated countertop, 7-8 ft ceiling height, sizable casement windows, one restroom facility, and a private rear storage room. Active licensing for the New Jersey Lottery can be transferable to new ownership. Security and fire safety features include a video surveillance system, hardwired smoke and carbon detectors, and a central fire station box. The property also includes a full basement and on-site parking. The large apartment includes an eat-in kitchen, separate living and dining room areas, one full bathroom, and access to an enclosed heated back porch. Utilities are separately metered. The third-floor unfinished attic with vaulted ceilings, storm windows, and an open floor concept represents bonus square footage ideal for a proposed bi-level unit with the second-floor unit, subject to municipal approval. The property is zoned R-2 and is priced to sell strictly in "as-is" condition, shifting the responsibility for obtaining all municipal permits and certificates required for closing purposes to the prospective buyer. This value-add investment opportunity is ideal for private investors seeking either a stakeholder position as an owner/user or an adaptive re-use play to force appreciation at market rental rate cash-flow upon renovation completion and full lease-up stabilization.