Log In/Sign Up
Your email has been sent.
404 Tonnelle Ave
Jersey City, NJ 07306
Retail Property For Sale
Investment Highlights
- High population density
- 18,000sf fully operational daycare and 10,000sf of vacant retail
- 50+ car parking
- Property is in the center of Routes 1&9 business district
- 66,493 vehicles per day
Executive Summary
28,000 SF property is available for sale including existing day care center and 10,000 SF vacant space is available for lease
A Highway Commercial building on Route 1-9 (on the desirably north side) and is an Investor/Owner opportunity, ideal for 1031 Exchange. This property sits close to the revitalization of Journal Square.
The property is 1.38 Acres (55,875 SF) between the Lincoln and Holland Tunnels, close to major highways, NJ Turnpike extension, Newark Airport, and Port Newark. The desirable Jersey City Heights is behind the property.
Located in Jersey City’s “Green Zone”, cannabis is permitted by law in this property and landlord is accepting cannabis use. There is 10,000 SF of space available for lease.
A Highway Commercial building on Route 1-9 (on the desirably north side) and is an Investor/Owner opportunity, ideal for 1031 Exchange. This property sits close to the revitalization of Journal Square.
The property is 1.38 Acres (55,875 SF) between the Lincoln and Holland Tunnels, close to major highways, NJ Turnpike extension, Newark Airport, and Port Newark. The desirable Jersey City Heights is behind the property.
Located in Jersey City’s “Green Zone”, cannabis is permitted by law in this property and landlord is accepting cannabis use. There is 10,000 SF of space available for lease.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
28,000 SF
Building Class
B
Year Built/Renovated
1970/2014
Price
$14,515,200 CAD
Price Per SF
$518.40 CAD
Percent Leased
64%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.85
Lot Size
0.76 AC
Zoning
HC
Parking
50 Spaces (1.79 Spaces per 1,000 SF Leased)
Frontage
202’ on TONNELE AVE
Amenities
- 24 Hour Access
- Conferencing Facility
- Courtyard
- Security System
- Signage
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 06-04601-0000-00044 | Improvements Assessment | $4,398,529 CAD |
| Land Assessment | $1,274,996 CAD | Total Assessment | $5,673,525 CAD |
Property Taxes
Parcel Number
06-04601-0000-00044
Land Assessment
$1,274,996 CAD
Improvements Assessment
$4,398,529 CAD
Total Assessment
$5,673,525 CAD
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
