China One Restaurant 4 Station rd

4 Station rd , Denville, New Jersey, 07834 | 2,400 sq.f | $ 680,000

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About This Restaurant

Investment Highlights

Executive Summary

Welcome to this superbly located and updated mixed-use building that is perfect for those looking for an investment opportunity. Get the benefit of having both residential and commercial tenants for long term income potential. The ground floor is home to a fully-equipped restaurant space that is a popular locale for residents. The second floor, renovated in 2018, features a 2 bedroom, 2 bath apartment with brand new stainless steel appliances, central air, in-unit washer/dryer, and other modern touches. Other features include an additional storage area in the attic and a parking lot with several spaces. Location is also perfect; only a few minutes from NYC transportation and tons of shopping and restaurants. Don't miss out on this excellent addition to any investment portfolio and come see 4 Station Rd in Denville! Rent for Ground Floor is $2,828/month and Second Floor rent is $2,200/month. Second floor renovated in 2018.

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant General Retail Storefront Retail/Residential Restaurant
  • Building Size    2,400
  • Year Built/Renovated    1940/2018
  • Price    680,000
  • Price Per SF    283
  • Percent Leased    100
  • Building Height    2 Stories
  • Building FAR    0.21
  • Land Acres    0.27 AC

Amenities

  • Restaurant

Property Taxes

Parcel Number 08-31207-0000-00013 Improvements Assessment $160,200 (2023)
Land Assessment $238,800 (2023) Total Assessment $399,000 (2023)
Date Created: 2024-07-16 04:16:26 Last Updated: 2024-07-16 04:16:26
Address: 4 Station rd , Denville, New Jersey, 07834