1 LACKAWANNA PL, South Orange Village Twp., NJ 07079-1703

$995,000
List Price
$995,000
MLS#
3481084
Dom
232
Year Built
9999
Status
ACTIVE
County
Essex
City
South Orange Village Twp.
Acres
0.38

Property Description

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.

Additional Information

Taxes
$21,977
Cooling
No Cool
Exterior
Brick/Block
Garage Spaces
30
Roof
Asphalt Shingle
Water
Public Water
Lot Description
Backs to Park Land

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