NJ
Passaic
Totowa Boro
07512
572 Union Blvd
572 Union Blvd, Totowa Boro, NJ 07512
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Listing Type
Commercial/Industrial
Listing Status
Active
1
$999,999

Home Details for 572 Union Blvd

Price
$999,999
Type
Commercial Sale
Year built
1941
Lot size acres
0.17
County
Passaic
Basement
Finished, Full
MLS Listing#
4035152
Property Description

Value-Add Mixed-Use Opportunity with Residential Unit, Garage & Redevelopment PotentialExceptional mixed-use property offering approximately 5,200 square feet of flexible space, including a large commercial storefront, attached garage, expansive second-floor retail/warehouse area, a spacious 3-bedroom, 1.5-bath apartment, and a full finished basement providing additional usable space for storage, operations, or a variety of potential uses.The versatile layout provides endless possibilities for investors, business owners, developers, or owner-occupants. Potential uses include retail, office, warehouse, contractor space, live/work arrangements, or the creation of additional residential units, subject to municipal approvals.Situated on an approximately 60' x 125' lot, the property features a massive fenced backyard with potential for additional parking, outdoor storage, or future expansion. Existing parking includes a front driveway, oversized garage, additional frontage parking, and ample street parking.Pro Forma Income PotentialResidential Apartment: $3,500-$4,000/month ($42,000-$48,000/year)Commercial Space (Approx. 4,000 SF): $8,000/month ($96,000/year)Projected Gross Income: $11,500-$12,000/month ($138,000-$144,000/year)A rare opportunity to acquire a highly adaptable mixed-use property with strong income potential, a full finished basement, and significant upside for future growth.

Property Features
  • Basement
    • Finished
    • Full
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
Listing Courtesy: ELITE REALTORS OF NEW JERSEY - 973-994-9009
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EXIT SOLGAR REALTY
200 Diamond Bridge Ave, Hawthorne, NJ 07506
Office
973 282 8642
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