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Description

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

Features

Heating System : Baseboard - Hotwater
Cooling System : Central Air, See Remarks
Basement : Partial
Roof Deck : Flat
Furnished : Laminate
Lot Description: Level Lot
Tax Assessed Valuation: 768600
Sewer: Public Sewer
Water: Public Water

Appliances

Utilities: All Underground
Internet

Additional Info

Office Name: RE/MAX SELECT
Office MLS ID: 158109
Agent ID: 236574
Tax: 15779
Tax Year: 2024
Application Fee: $0
Zoning: Commercial

Commercial For Sale

For Sale

$1,500,000

24 Little Falls Rd, Fairfield Twp., *

140 Acre
Built Year 1979

Details

Property Type: Commercial
Listing Type: For Sale
Listing ID: 5341484
Price: $1,500,000
Bedrooms: 0
Bathrooms: 0
Half Bathrooms: 0
Square Footage: 0 Sqft
Year Built: 1979
Year Built Description: Approximate
Lot Area: 140 Acre
Status: Active
Days On Market: 0

Contact Agent

Email:

wp@applicationx.net

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Map

Address Map

Country US
County Essex
City Fairfield Twp.
Zipcode *
Street: Little Falls Rd
Street Number: 24
Street Direction: Rt 46 to Fairfield Rd to Little Falls Rd
Floor Number: 0
Longitude: W75° 43' 25.6''
Latitude: N40° 53' 16.2''
Internet Display Address: Yes