This mixed-use property located at 172 W Madison Ave in Dumont, NJ 07628 presents a unique opportunity for investors or owner-occupants. The building features a commercial storefront with prominent floor-to-ceiling glass exposure, complete with a half bathroom. This commercial space is ideal for businesses seeking visibility and accessibility within the Dumont community. The property is designed to accommodate diverse needs, offering both commercial and residential components within a single structure.
In addition to the commercial space, the property includes two spacious one-bedroom apartments, each with its own private entrance, offering a degree of separation and convenience for residents. These apartments are designed for comfortable living, providing a valuable income stream or private accommodations. The entire property is fully fenced, contributing to its security and privacy. The building's infrastructure has been updated with new ductless systems for both air conditioning and supplementary heating, ensuring modern climate control for all units.
Further enhancing the property's utility is an oversized detached garage. This garage is equipped with its own ductless unit for climate control and includes a half bathroom, making it a versatile space that could serve various purposes, from vehicle storage to a workshop. The presence of a detached garage adds significant value and functionality to the property, catering to practical needs.
A key feature of this offering is the independent utility setup. The utilities for the building are managed under three separate meters, allowing for individual tracking and billing for the commercial space and each of the two apartments. This separation of utilities is a significant advantage for management and operational efficiency. The property is described as turnkey, indicating that it is ready for immediate use or rental, minimizing the need for immediate post-purchase renovations or setup.
Wein Agency Real Estate
516-924-3642
Wein Agency Real Estate
516-924-3642
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