Property Details for 85-95 Main St

Property type

Commercial real estate

Description

This exceptional mixed-use property at 85-95 N Main Unit 85-91, Pleasantville, NJ, presents a compelling investment opportunity. The building boasts a prime corner location with high visibility, situated near major roadways, public transportation (bus stops at corners), and essential amenities including the Police and Fire Departments, Sam's Club, Walmart, a bus station, and a library. The property features 4-6 units, previously used as a retail beauty supply store, a jewelry/accessories store, and a dine-in/take-out restaurant. Two of the units are three-bedroom apartments, with comparable rentals in the area commanding approximately $2300 per month. All units have separate utility meters. The building benefits from a newer roof (2009), newer central air conditioning in the commercial space (less than two years old), ample rear storage, and a full basement. Recent upgrades include electrical and plumbing work (2010), and a new bathroom. The apartments feature hardwood floors throughout and eat-in kitchens/dining areas. The property includes a privacy-fenced concrete yard/patio and paved parking for six cars with convenient two-street access. The property is being sold "as-is, where-is," with no warranties or guarantees. The buyer is responsible for meeting all lender and municipal requirements, including obtaining a certificate of occupancy. The property's strong location, multiple income streams, and recent upgrades make it an attractive investment opportunity. Grants and SBA loans are potentially available.

Location Insight

City

Pleasantville

County

Atlantic

State

New Jersey

Longitude

-74.5211

Latitude

39.3937