Prime Commercial Property- Prime commercial real estate property located in the heart of Fairfield.- Features a shopping strip with five distinct units suitable for various businesses.- Offers ample parking, attracting a steady flow of customers.- Strategically located near major routes RT 48 and 80 for high visibility and easy access.- Low rent that has remained unchanged for the past seven years.- Opportunity for the new owner to increase the rent by 10% to 15% with a new triple net lease agreement.- All units are currently occupied, demonstrating sustained demand.- Tenants are responsible for their own utilities, reducing the owner's operational costs.- Presents a lucrative investment opportunity with immediate returns and promising future growth.This prime property is a commercial real estate gem located in the bustling heart of Fairfield. It features a shopping strip with five distinct units, each boasting its own unique potential for various retail or service-based businesses. Lender may require flood insurance.
24 Little Falls Rd, Fairfield Twp. NJ 07004-1913
Property City
Fairfield Twp.
Property Price
$1,450,000
Year Built
1979
Tax Annual Amount
$15779
TaxYear (*text)
2024
Roof (*text)
Flat
Floors No
Laminate
Lot Size Area
0.66
MLS Status
Active
MLS #
4004675
Yearly Tax Rate
2.136
Year Built (*numeric)
1979
Basement
Yes
Roofing (*text)
Flat
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
Central Air, See Remarks
GarageSpaces
23
Heating
Baseboard - Hotwater
Lot Size Dimensions
140X206
Data import from
GSMLS