475 State St Active Save Request In-Person Tour Request Virtual Tour
Perth Amboy City,NJ 08861
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $300
MLS Listing ID 3932596
Year Built 1890
Annual Tax Amount $35,972
Tax Year 2023
Lot Size 2,178 Sqft
Property Description
Welcome to 475 State Street/124 William Street, Perth Amboy - a fully leased mixed-use commercial building located in the heart of Perth Amboy, New Jersey on a busy, high-visibility street.This versatile property offers a prime opportunity for entrepreneurs and investors looking to establish themselves in a thriving and bustling neighborhood.The 6,000 sq ft multi-tenant building features three levels of rental space and comes separately metered. The building is 100% leased with a well-known long-term storefront tenant with annual rental increases through 2026, as well as 10 residential apartments. Several apartments have updated kitchens and new hot water heaters installed in the past 3 years. Additionally, the building has a large basement for plenty of storage space. The building is located in a prime location, with easy access to major highways and transportation hubs. Perth Amboy is a thriving community with a rich cultural heritage and a diverse population, making it an ideal location for businesses that cater to a wide range of customers and clients. Eight out of 10 residential apartments are 1 bedroom units, while the remaining two units are studios. This building offers an incredible opportunity to steady financial gains and own a versatile and profitable commercial mixed-use property in one of New Jersey's most vibrant communities!
Location
State NJ
County Middlesex
Zoning C-1
Rooms
Basement French Drain, Partial, Storage
Interior
Heating Electric, Gas-Natural
Cooling Window A/C(s)
Equipment Appliances, Fire Alarm, Fixtures, Intercom, Kitchen Area, Security System, Smoke Detector
Heat Source Electric, Gas-Natural
Exterior
Exterior Feature Brick/Block, Concrete
Utilities Available All Underground
Roof Type Flat
Building
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple