New York Ave, Colonia, NJ 07067
This freestanding commercial office building, situated on a desirable 0.09-acre corner lot in Colonia, NJ, presents a fantastic investment opportunity. The 700-square-foot brick building boasts a versatile open-concept layout, ideal for a variety of businesses. A private bathroom adds convenience, while recent upgrades, including brand new flooring and a recently installed hot water tank, ensure a move-in ready condition. Ample storage space is available in the full basement. Central air conditioning provides comfort during warmer months. The property's prime location offers unparalleled access to Colonia's vibrant downtown area, with its numerous shopping and dining options. Public transportation is readily available, and major roadways are easily accessible, ensuring a seamless commute for employees and clients. This exceptional property is perfectly positioned to support business growth and success. The combination of its attractive features, convenient location, and recent upgrades makes this an excellent opportunity for any discerning investor or business owner seeking a thriving commercial space in a highly sought-after area. Don't miss out on this chance to establish or expand your business in a prime Colonia location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.