$1,700,000
Active
56 Days Online
0 Beds5 Baths4,584 SQFT
Active

24 Little Falls Rd Fairfield Twp., 07004

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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. ------------------------------------

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyEssex
  • Taxes$15,779
  • HOA/Condo/Coop Fees$0
  • Days on Site56 Days
  • MLS StatusActive
  • MLS ID Number3893940
  • Home Size Source N/A
  • Year Built1979
  • Lot Size0.66 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Concrete
  • Parking Blacktop
  • Sewer Public Sewer
  • Basement Partial
  • Number of Stories 1
  • Acreage 0.66
  • Water Public
  • Property Sub Type Retail
  • Zoning Commercial

Interior Features

  • Cooling Central AirSee Remarks
  • Heating Heat Source: Gas- NaturalHeating Type: Baseboard - Hotwater
  • Flooring Laminate

Exterior Features

  • Roof Flat
  • Lot Level Lot

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Monthly Payment (Est.)

$8,993
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