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574-614 Tonnelle Ave - 598-614 Tonnelle Ave 1.63 Acres of Commercial Land Offered at $22,009,920 CAD in Jersey City, NJ 07307
INVESTMENT HIGHLIGHTS
- Exceptional Frontage: 434 feet on a high-traffic corridor ensures brand exposure and customer access.
- Market Momentum: Jersey City's continued growth supports long-term value creation and strong ROI.
- Flexible Zoning Potential: Ideal canvas for retail, hospitality, or service-based development.
EXECUTIVE SUMMARY
An expansive 72,000 SF parcel with 434 feet of prominent frontage along Tonnelle Ave, formerly home to automotive operations, Property have established tenants with Net leases, In addition has a great option to develop nine contiguous lots (598-614) into mixed-use strip mall concept blends high-visibility retail frontage with second-floor office suites tailored for medical, wellness, and professional tenants. The configuration is designed to maximize income potential, enhance long-term asset value, and serve the evolving needs of Jersey City's dynamic community. In addition, Has Flexible Zoning Potential Ideal canvas for hospitality, or urban self-storage redevelopment.
this property offers established tenants, steady Income the ideal canvas to bring your development vision to life. Don't miss out on this chance to invest in a location poised for sustained growth and success.
DATA ROOM Click Here to Access
- Offering Memorandum
- Miscellaneous
PROPERTY FACTS
1 LOT AVAILABLE
Lot 16
| Price | $22,009,920 CAD | Lot Size | 1.63 AC |
| Price Per AC | $13,482,282.23 CAD |
| Price | $22,009,920 CAD |
| Price Per AC | $13,482,282.23 CAD |
| Lot Size | 1.63 AC |
.Prime 72,000 SF parcel with 434 feet of Tonnelle Avenue frontage, anchored by net-lease tenants and unmatched redevelopment potential. Flexible zoning supports retail, hospitality, or self-storage, with a concept for a mixed-use strip mall blending
DESCRIPTION
Prime 72,000 SF parcel with 434 feet of Tonnelle Avenue frontage, anchored by net-lease tenants and unmatched redevelopment potential. Flexible zoning supports retail, hospitality, or self-storage, with a concept for a mixed-use strip mall blending high-visibility retail and professional office suites. Steady income today, transformative growth tomorrow—an ideal canvas for visionary investors.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $164,185 CAD | |
| Land Assessment | $2,067,417 CAD | Total Assessment | $2,231,602 CAD |
PROPERTY TAXES
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574-614 Tonnelle Ave - 598-614 Tonnelle Ave
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