This property offers a unique combination of commercial and residential spaces. The two spacious apartments above the large open store provide comfortable living spaces for residents. Each apartment features three bedrooms, one bathroom, a cozy living room, and a fully equipped kitchen. The well-designed floor plans and generous living areas ensure comfortable and functional living spaces for the occupants. The ground floor of the property is dedicated to a large open Retail store. This commercial space presents an excellent opportunity for various business ventures. Its versatile layout is suitable for a wide range of retail or service-oriented businesses. The lease for the store is set to expire soon, providing flexibility for new ownership to explore different options for the space. The property is located in a vibrant area with high foot traffic and convenient access to amenities. It offers proximity to transportation options, making commuting to New York City, Jersey City, and Bayonne convenient. Additionally, there are plenty of community amenities nearby, such as shopping centers, banks, restaurants, schools, and parks. Whether you're an investor seeking multiple revenue streams, or an owner-occupant looking to live and work in the same building, this mixed-use property offers endless possibilities. It presents a great investment opportunity with the potential for both residential rental income and commercial business income. Don't miss out on the chance to explore the possibilities. Contact us today to schedule a viewing and learn more about this prime location and its great potential.
Active
$1,002,000
71 Martin Luther King Jr Dr FLOOR 3, Jersey City, NJ 07305
6beds
--sqft
Multi Family
Built in ----
-- sqft lot
$1,002,000 Zestimate®
$--/sqft
$2,667 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 06, 2024 at 10:57am
Source: StreetEasy,MLS#: S1704002
Services availability
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Estimated market value
$1,002,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,002,000