$4,300,000

Description

Exceptional mixed-use investment and redevelopment opportunity in the vibrant downtown district of Plainfield. Located at 12-18 Washington Ave, Plainfield NJ 07060 (Lots 9,16,17 & 18) This Property sits in a prime urban-suburban mixed-use corridor with strong visibility and convenient access to local amenities and transportation. The Property currently features multiple income-generating components, Including an operating daycare, a warehouse space with a loading dock, a juice bar and two residential apartments. The residential units consist of one spacious 2-bedroom, 2 bath apartment and one 1-bedroom, 1 bath apartment, offering additional rental income potential. A dedicated parking lot entrance from Washington Ave provides approximately six off-street parking spaces, adding valuable convenience for tenants and visitors. With its large combined lot and prime downtown location, this property presents an outstanding opportunity for investors, developers, or owner-users. The site is well suited for future redevelopment into a modern mixed-use residential and commercial building, capitalizing on the continued growth and revitalization of the Plainfield downtown area. A rare chance to acquire a versatile property with existing income streams and significant long term development potential.

Tax & Financial Information