1 Lackawanna Pl, South Orange Village Twp.

$995,000
  • Remarks: GREAT OPPORTUNITY TO OWN BOTH PROPERTY & A 45Yr ESTABLISHED BUSINESS.(European luxury auto repair shop) Amazing 2 free standing buildings w/leased 2car garage $1500/mo & 3yr lease $2500/mo Total rental income $48k/year Offers 30 outdoor parking spaces, Main building has 3 Lifts / 5Bays, 8 cars inside, 9ft overhead door. Secondary building has 2 lifts/ 8 cars inside, 9ft overhead door. B-3 zone. District use regulation document attached shows approved uses in B-3 zone are apartment units, convenience stores, bank, restaurant, professional offices & parking facility. See media section under zoning for district lot yard bulk regulations and permitted uses. Turn key for operator. Plenty new multi-family development in S Orange, with much on Valley Street incl new 320 Valley a 22 rental unit.

Property Details

  • MLS #: 3481084
  • Price: $995,000
  • SqFtTotal : 5372
  • Address: 1 LACKAWANNA PL
  • City: South Orange Village Twp.
  • County: Essex
  • PropertyType: Mixed Use, Office/Apartments
  • Zip: 07079-1703
  • Listing Title: 1 LACKAWANNA PL

Interior Features

  • Basement: No
  • Floors: Concrete

Exterior Features

  • Cooling: No Cool
  • Exterior: Brick/Block
  • Garage: 30
  • Heating: 2 Units
  • Lot Description : Backs to Park Land
  • LotSize: .383 AC
  • Roof: Asphalt Shingle
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Year Built: 9999
  • Zoning: B-3

Financial Information

  • Tenant Pays: Gas, Heat, Hot Water, Water
  • DOM: 232
  • Services: Cable TV, Garbage Extra Charge

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This Listing is Courtesy of: ELITE REALTORS OF NEW JERSEY. Disclaimer: This information is deemed reliable, but not guaranteed. The buyer is responsible for verifying all information. This information is provided for use by its members and is not intended for any other purpose. This information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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