$849,000

Description

142- 146 Division Ave Discover an exceptional investment opportunity at 142 Division Ave, Garfield. This mixed-use property package offers immediate income and significant growth potential, making it ideal for savvy investors, developers, or owner-operators. At the heart of this offering is a profitable stream of revenue from day one. The property package includes: Two Separate Lots: The main building and an adjacent vacant lot zoned for multi-use, presenting a prime development opportunity. Commercial Space: A profitable liquor store/bar with a utility room, bathroom, den, and a full basement for ample storage. Residential Unit: A separate-entrance, 3 bedroom apartment on the second floor featuring an eat-in kitchen, full bath, and living/dining area, generating additional rental income. Extra income & amenities: A detached two-car garage currently provides a rental income, ample off-street parking enhances convenience for both commercial and residential tenants. With multiple income streams and tremendous potential for expansion or development, this property is a rare find. Capitalize on the existing business and unlock future value. Building sq. footage estimated. Inventory to be paid for separate at closing, although can be negotiated with the right offer.

Tax & Financial Information