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728-740 Tonnele Ave Local commercial 836 m² 100 % Loué À vendre Jersey City, NJ 07307 3 020 045 € (3 611,94 €/m²) Taux de capitalisation 3,29 %

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Informations principales sur l'investissement

The property sits in Jersey City’s Western Slope neighborhood, a transitional area where industrial roots meet residential expansion.
Tonnelle Ave is a major artery connecting Jersey City to Secaucus and the Lincoln Tunnel. High traffic flow, strong visibility for retail or service.

Mixed-use retail, a boutique strip with auto services below and loft-style offices above.
The property has historically been tied to auto repair and service.

Résumé analytique

A rare opportunity to blend automotive heritage with modern neighborhood growth. This income-producing property features five established tenants, delivering stabilized cash flow and long-term security. The property sits in Jersey City’s Western Slope neighborhood, a transitional area where industrial roots meet residential expansion. Investors can capitalize on this shift. Currently zoned R-1 with a commercial service station designation. This opens doors for creative redevelopment—whether continuing automotive use or pivoting to mixed-use retail. The property generated a strong Net Operating Income (NOI) of $115,108.35 in 2024, with five tenants contributing to a total income of $171,400.00. Expenses were well-contained at $56,291.65, and capital expenditures were minimal.

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