This offering presents a rare opportunity to acquire a mixed-use property in Palisades Park, New Jersey, combined with one of the area's long-standing businesses. The real estate and the established business, Donna's Pizza, are listed separately and are required to be purchased in conjunction. The ground floor is currently occupied by Donna's Pizza, a full-service restaurant and pizzeria that has been serving the community and surrounding regions for over 61 years.
The second floor of the property features two updated apartments, each with two bedrooms. These residential units provide an additional source of rental income for the owner. The property also includes basement space that is utilized by the restaurant. This basement area is equipped with a dumbwaiter that provides direct access to the commercial kitchen, facilitating efficient operations for the business.
This unique offering provides the purchaser with ownership of an established, operating business, the real estate it occupies, and two separate residential rental units. This combination creates a multifaceted investment opportunity with multiple income streams. The property is situated in the heart of Palisades Park, offering a prime location for both the commercial and residential components.
The property is identified by its address at 404 Broad Ave, Palisades Park, NJ 07650. It is categorized as residential and is for sale. The property type is listed as Residential Income, with a sub-type of Mixed Use. Further details regarding specific square footage, number of bedrooms and bathrooms for the residential units, and parking are not specified in the provided information. The exterior features include a flat roof.
Prominent Properties Sotheby's International Realty-Tenafly
646-280-7136
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