107 Washington Ave, Little Ferry, NJ 07643

This exceptional mixed-use property is situated in a high-visibility, high-traffic location at 107 Washington Ave in Little Ferry, NJ. The building, constructed in 1950, offers a compelling blend of stable income generation, strong commercial exposure, and potential for long-term appreciation. The ground-level retail space is currently occupied by a well-established Korean fried chicken business, providing a consistent rental income of $3,300 per month. This prime storefront benefits from 53' of frontage on Washington Avenue and a dedicated private parking lot with 9 spaces, ensuring convenience for both tenants and customers.

The second floor of this two-story commercial building features a recently fully renovated residential unit. This dwelling comprises 3 bedrooms and 2 bathrooms, offering comfortable living space. The residential unit is currently leased and generating a monthly rental income of $2,900. With both the commercial and residential units fully occupied, this property presents a low-maintenance investment opportunity for those seeking immediate and consistent cash flow. The property's excellent street presence is further enhanced by the exceptional daily vehicle traffic, which significantly boosts visibility for the retail business.

The total building area encompasses 2,400 square feet, with the zoning designated as Commercial - Retail. The property's strategic location in Little Ferry, Bergen County, provides convenient access to major highways, local businesses, and essential commuter routes. This accessibility contributes to the thriving commercial environment and the ongoing success of its tenants. The property's building class is C, and it stands at two stories tall.

This offering represents a rare opportunity to acquire a strong income-producing asset in a desirable Bergen County location. The combination of a stable commercial tenant and a recently updated residential unit, coupled with a prime location and dedicated parking, makes this mixed-use property a valuable addition to any investment portfolio. The property is ideally suited for investors seeking immediate returns or for an owner-user looking to establish or expand their business while benefiting from rental income.