Mixed-Use Building with Retail
718 WEST SIDE AVE JC Jersey City, NJ 07306
718 WEST SIDE AVE JC, Jersey City, NJ, 07306
$899,900
For Sale
$899,900
Street-level retail with two occupied 3-bedroom apartments and separate utilities makes this a practical mixed-use ownership.
Days on Market38
Property Features for 718 WEST SIDE AVE JC
General Information
- Standard status
- Active
- Property subtype
- Commercial
Listing Agency
REMAX CENTRAL
(732) 972-1000
Listed by
GEORGE PAVLUSHKIN · License #1324942
Source
Corcoran
Added: Jun 10 Checked: Jul 17 at 3:23 am
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 REMAX CENTRAL
Investment Insights
Based on property information with market context.
This mixed-use property includes one street-level retail storefront and two residential apartments. The retail space is approximately 1,100 square feet and features 1.5 bathrooms, a 9-foot drop ceiling, central air conditioning, storefront access, and rear yard access. The building also offers a huge walkout basement and separate heating systems with natural gas heat and hot water baseboard heating. Reported building updates include a maintained roof, replaced hot water heaters, updated furnaces, and brand-new 3-phase electrical panels.
The residential component consists of two 3-bedroom, 1-bath condos, each currently occupied on month-to-month leases. Utilities are separately metered with separate gas, electric, and water meters. The landlord currently pays water and sewer expenses, and the retail tenant is responsible for 40% of the water and sewer charges. The retail space was previously operated as a juice bar and is described as approved for a retail location, with the buyer to perform their own due diligence regarding zoning and permitted uses.
For tenants, the combination of storefront and residential units can support day-to-day operations with dedicated systems. For buyers and investors, the property provides an owner with income from occupied residential units alongside a retail opportunity, while the separate utilities and documented mechanical and electrical improvements are designed to support smoother ongoing management. The listing also notes the potential to purchase related additional buildings as a package deal.
The residential component consists of two 3-bedroom, 1-bath condos, each currently occupied on month-to-month leases. Utilities are separately metered with separate gas, electric, and water meters. The landlord currently pays water and sewer expenses, and the retail tenant is responsible for 40% of the water and sewer charges. The retail space was previously operated as a juice bar and is described as approved for a retail location, with the buyer to perform their own due diligence regarding zoning and permitted uses.
For tenants, the combination of storefront and residential units can support day-to-day operations with dedicated systems. For buyers and investors, the property provides an owner with income from occupied residential units alongside a retail opportunity, while the separate utilities and documented mechanical and electrical improvements are designed to support smoother ongoing management. The listing also notes the potential to purchase related additional buildings as a package deal.
Key Highlights
- Mixed‑use building with 1 street‑level retail unit and 2 occupied residential apartments (both on month‑to‑month leases)
- Retail storefront is approx. 1,100 SF with central air and a 9‑foot drop ceiling; includes 1.5 bathrooms and storefront + rear yard access
- Residential units: two 3‑bedroom, 1‑bath condos, currently tenant‑occupied
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
West Side Grocery ...
Grocery & Convenience Store
Delish Juice Bar
Specialty Food Shop
Jithey Mie Vairy ...
Insurance Agency
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FAQs
What type of property is this?
Mixed-use property - Street-level retail with two occupied 3-bedroom apartments and separate utilities makes this a practical mixed-use ownership.
Where is this mixed-use property located?
The property is located at 718 WEST SIDE AVE JC Jersey City, NJ.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Mixed‑use building with 1 street‑level retail unit and 2 occupied residential apartments (both on month‑to‑month leases); Retail storefront is approx. 1,100 SF with central air and a 9‑foot drop ceiling; includes 1.5 bathrooms and storefront + rear yard access; Residential units: two 3‑bedroom, 1‑bath condos, currently tenant‑occupied