Lattimer Realty

24 Little Falls Rd,  FAIRFIELD, NJ 07004



Property Highlights

  • MLS #: 3893940
  • County: Essex County
  • Type: COMMERCIAL
  • Style:
  • Bedrooms:
  • Bathrooms: full bath(s)
  • Basement: Partial
  • Taxes: $15,779

 

Asking Price $1,700,000

Prime Commercial Property- Prime commercial real estate property located in the heart of Fairfield.- Features a shopping strip with five distinct units suitable for various businesses.- Offers ample parking, attracting a steady flow of customers.- Strategically located near major routes RT 48 and 80 for high visibility and easy access.- Low rent that has remained unchanged for the past seven years.- Opportunity for the new owner to increase the rent by 10% to 15% with a new triple net lease agreement.- All units are currently occupied, demonstrating sustained demand.- Tenants are responsible for their own utilities, reducing the owner's operational costs.- Presents a lucrative investment opportunity with immediate returns and promising future growth.This prime property is a commercial real estate gem located in the bustling heart of Fairfield. It features a shopping strip with five distinct units, each boasting its own unique potential for various retail or service-based businesses. ------------------------------------

Features

 Square Feet: 4584
 Year Built: 1979
 Parking: Blacktop
 Lot Desc: Level Lot
 Heating/Cooling Type: Baseboard - Hotwater
 Fuel: Gas-Natural
 Siding/Exterior: Brick/Block, Concrete
 Roof: Flat
 Public Util: Public Sewer
 Flooring: Laminate
 Fireplaces:
 Included: Building Insurance, Building Maintenance

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