246 Beacon Ave Jersey City, NJ 07306
This exceptional 9,375-square-foot industrial property in Jersey City, NJ, presents a unique investment opportunity. Located at 246 Beacon Ave, 07306, this Class A building boasts a prime location in Jersey City Heights, offering convenient access to major highways, public transportation (including proximity to the Journal Square PATH station and New York buses), and Pershing Field Park. The property features a single-tenant occupancy in a two-story building, renovated in 2002. The versatile space includes approximately 3,150 square feet of office/commercial space (75'W x approximately 30'L), a substantial warehouse area of approximately 2,250 square feet, and a convenient 15'W x 60'L loading dock. The property also offers ample parking with eight spaces. Two bathrooms are included. The lot size is 9,375 square feet (75'W x 125'). This adaptable space is ideal for various uses, including office, storage, display, and parking. Available for lease at $8,000 NNN, commencing February 2025, or for purchase at $3.75 million. This is a rare opportunity to acquire a well-situated, versatile industrial property in a thriving Jersey City neighborhood.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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