16 Humphrey St, Englewood, NJ 07631

This offering presents a unique chance to acquire a collection of properties alongside an established and respected food business. The family-operated enterprise has cultivated a strong presence, serving both wholesale and retail clients across the New York and New Jersey regions. The sale encompasses three distinct lots, providing a comprehensive investment opportunity. The property at 16 Humphrey Street functions as a dumpling factory and food processing facility, complete with a retail takeout component. Adjacent to this is 18 Humphrey Street, a single-family residence, and 22 Humphrey Street, a grandfathered two-family dwelling. Together, these three lots span a total of 15,950 square feet, offering significant land area for current operations and future potential.

The strategic location of these properties positions them as an ideal candidate for redevelopment, benefiting from the D-1b (Downtown district - Business/Commercial Mixed Use) zoning designation. This zoning classification supports a variety of commercial businesses, mixed-use residential developments, and high-density neighborhood options within Englewood's downtown commercial core. The area surrounding Humphrey Street, Bennet Street, and Armory is characterized by its vibrant commercial activity and accessibility.

Further enhancing the development potential, these lots are situated within an overlay zone. This designation can provide additional advantages, including density bonuses that may facilitate the inclusion of ground-floor retail spaces with residential apartments situated above. The expanded permitted uses within this zone offer flexibility for a range of future projects. The properties also benefit from their visibility, facing the well-known Brownstone apartment complex on Palisade Avenue, indicating a dynamic and active neighborhood environment.

The commercial building at 16 Humphrey Street, approximately 3,782 square feet, is currently utilized for food processing and retail. Built in 1970, this structure falls under building class C. The property's zoning, identified as CBD1 - Mixed-use downtown district, explicitly supports retail, commercial, office, and other compatible uses, emphasizing pedestrian-oriented development. This combination of existing business infrastructure, substantial land area, and favorable zoning regulations creates a compelling investment prospect for those seeking to capitalize on the growth and development within Englewood's downtown area.