513 Pine Ave South Amboy, NJ 08879
- Retail space
- 2,450 SF
- 0.14 lot acres
Current Use by Public Records
- Retail space
Property Details for 513 Pine Ave
- Lot size
- 0.14 lot acres
- Property size
- 2,450 SF
- Property type
- Retail space
- Property subtype
- Storefront properties
Description
This exceptional mixed-use property at 513 South Pine Avenue, Sayreville, New Jersey, presents a compelling investment opportunity. The 2,450 square foot building sits on a 0.14-acre lot (50' x 125'), zoned R-7, offering significant potential. The ground floor currently features a 450 square foot operating barber shop and a vacant 1,000 square foot space, previously a deli, ready for immediate lease or owner-occupancy. Upstairs, a 1,000 square foot apartment provides additional income potential. The property's location in Middlesex County, with its address in Sayreville, NJ, 08879, offers convenient access to major transportation routes and a thriving local community. The asking price is $650,000. This versatile property is ideal for an investor seeking a blend of retail and residential income streams, or an owner-operator looking to establish a presence in a dynamic market. The existing barber shop provides immediate cash flow, while the vacant retail space and apartment offer significant upside potential for future growth and rental income. The R-7 zoning allows for a variety of uses, providing flexibility for future development or expansion. Don't miss this chance to acquire a well-located, income-producing asset in a desirable New Jersey market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- South Amboy
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.2765686
- Latitude
- 40.4681361