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$1,700,000 - 24 Little Falls Rd, Fairfield Twp.

-
Bedrooms
-
Baths
4,584
SQ. Feet
0.66
Acres

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. ------------------------------------

Essential Information

  • MLS® #:
    3893940
  • Price:
    $1,700,000
  • Square Footage:
    4,584
  • Acres:
    0.66
  • Year Built:
    1979
  • Type:
    Commercial
  • Status:
    Active

Community Information

  • Address:
    24 Little Falls Rd
  • City:
    Fairfield Twp.
  • County:
    Essex
  • State:
    NJ
  • Zip Code:
    07004

Amenities

  • Utilities:
    All Underground
  • Parking:
    Blacktop

Interior

  • Heating:
    Gas-Natural
  • # of Stories:
    1

Exterior

  • Exterior:
    Brick
  • Lot Description:
    Level Lot
  • Roof:
    Flat

Additional Information

  • Date Listed:
    April 1st, 2024
  • Days on Market:
    31
  • Zoning:
    Commercial

Listing Details

  • Listing Office:
    Re/max Select

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Listing information last updated on May 2nd, 2024 at 10:18pm EDT.