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Listed by Felicia M. Hankerson Real
$ 6,000,000
Est. payment | /mo
$ 6,000,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25033825
Style Retail
Property Sub-Type Retail
Property Description
UNLOCK THE POTENTIAL: HIGH-TRAFFIC IRVINGTON DEVELOPMENT SITE Developers and investors — this is your rare opportunity to acquire nearly an acre (.97 acres) of strategically located, 4-A zoned real estate in the heart of Irvington. This site offers a strong foundation for residential, mixed-use, or entertainment redevelopment, and comes package-ready with bonus licensing opportunities. Currently operating as a lounge and entertainment venue, this versatile 13,900± SF building sits on a 37,804± SF lot with 100 dedicated parking spaces, making it ideal for high-traffic concepts. The structure also includes an additional 5,000± SF of underutilized storage/function space, prime for conversion into rentable area or expanded use. 4A Zoned | Potential for multifamily, mixed-use, religious, event, or commercial development, 37,804± SF Lot | Flat, accessible, and well-located for redevelopment 13,900± SF of Active Use | Operating as a lounge with built-in infrastructure 5,000± SF of Additional Space | Former function rooms with conversion potential100 Parking Spaces | Rare for the area; supports high-capacity operations Minutes from Garden State Parkway | High visibility & commuter convenience. BONUS VALUE: LICENSE PACKAGE AVAILABLE (At Additional Cost) This is a bundle package 4 lots and one 2 family building consiting of, 154 Eastern Pkwy,411-421 16th Ave,405 16th Ave, and 403 16th Ave.
Location
State NJ
County Essex
Interior
Heating Central Air, Gas
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Thomas Mikalouskas
REALTOR® | Lic# 0235388