211 Van Winkle Ave 4,000 SF 100% Leased Retail Building Hawthorne, NJ 07506 $1,115,340 CAD ($278.84 CAD/SF)

Introducing the fee simple interest in 211 Van Winkle Ave, a small manageable 3-story mixed-use income property asset centrally located in the high barrier-to-entry Borough of Hawthorne, NJ. The Passaic County-based 3-story +4,000 sf structure features a balanced unit mix of one 2-Bed/1-Bath apartment dwelling and bonus full-building span attic space both anchored by one neighborhood commercial leasehold retrofitted for convenience store use.
Street-level retail offers an open floor concept entailing shelved display space, elevated countertop, 7-8 ft ceiling height, sizable casement windows, one restroom facility and private rear storage room. Food Handler, Ice and Milk represent principal retail services with current permits issued by local municipality and active licensing for NJ Lottery can be transferable to new ownership. In-place video surveillance system, hardwired smoke/carbon equipment and central fire station box serves as primary security/fire safety features respectively. Added amenities include 16 ft street frontage, high corner lot visibility, full basement storage and abundant on-site parking accommodations.
The 2-Bed/1-Bath apartment dwelling on 2nd floor offers generously sized square footage inclusive of eat-in kitchen, separate living/dining areas, one full bath, interior corridor closet/pantry storage and access to enclosed heated back porch. Separately metered utilities shift responsibility for cooking gas, electric and heating towards the tenant. Adjoining 3rd floor unfinished attic with vaulted ceilings, storm windows and open floor concept represents bonus square footage ideal for a proposed bi-level unit with 2nd floor unit subject to municipal approval. Property is zoned R-2 (Residential, One and Two Family).
211 Van Winkle Ave is priced to sell strictly in "as-is" condition shifting responsibility for obtaining all municipal permits/certificates required for closing purposes to the prospective buyer. This value-add investment opportunity is ideal for private investors seeking either a stakeholder position as an owner/user or adaptive re-use play to force appreciation achieved thru market rental rate cash-flow upon renovation completion and full lease-up stabilization.