35 Moonachie Rd, Moonachie, NJ 07074
35 Moonachie Rd, Moonachie, NJ 07074Basic Details
- Date added: Added 3 weeks ago
- Type: Commercial
- Category: For Sale
- Status: Open
Description
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Description:
3,500 SF 100% Leased Retail Building Moonachie, NJ 07074 $1,299,000 ($371.14/SF)
This mixed-use property, situated at 35 Moonachie Road in Moonachie, New Jersey, presents a unique opportunity within the Northern New Jersey market, specifically in the Meadowlands submarket. The building, constructed in 1931, is a two-story structure with a total area of 3,500 square feet. It is currently configured to accommodate a restaurant on the first floor and a separate residential unit on the second floor, offering versatile potential for various business models or owner-occupancy scenarios.
The property benefits from its strategic location along Moonachie Road, providing excellent connectivity to major regional transportation arteries. Direct access to Route 17 and the New Jersey Turnpike facilitates efficient transit throughout the metropolitan area. Furthermore, its proximity to Teterboro NJ Transit stations enhances accessibility for employees and customers alike. The site is also conveniently located approximately 12.9 miles from Newark Liberty International Airport, a significant advantage for businesses with national or international operations.
The parcel encompasses an area of approximately 0.19 acres and is zoned for commercial use under the R1 designation. The building features an asphalt roof system and utilizes municipal water for its operations. The property is classified as a Class C building and is designed for multiple tenancies, making it suitable for investment purposes or for an owner-user looking to occupy a portion of the space while leasing out the remainder. The property offers substantial parking, with 20 spaces available, equating to 5.71 spaces per 1,000 square feet of leased area.
This offering represents a compelling prospect for investors or entrepreneurs seeking a well-positioned commercial asset in a dynamic economic region. The dual-purpose nature of the building, combined with its prime location and robust transportation links, underscores its potential for sustained value and operational efficiency. The property's frontage along Moonachie Road ensures visibility and accessibility for patrons and clients.
Property Details
- Parking: 20 Spaces (5.71 Spaces per 1,000 SF Leased)
- Frontage: Frontage
- Area: 3,500 sq ft
- Year built: 1931
- Sale Type: Investment or Owner User
- Building Size: 3,500 SF
- Building Class: C
- Property Subtype: Restaurant
- Tenancy: Multiple
- Percent Leased: 100%
- Building Height: 2 Stories
- Building Far: 0.42
- Zoning: R1
Property Taxes
- Parcel Number: 37-00018-0000-00008
- Land Assessment: $248,200
- Improvements Assessment: $109,300
- Total Assessment: $357,500
Agent
Michael Gonnelli
RE/MAX Select
Location
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