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Welcome to 475 State Street/124 William Street, Perth Amboy - a fully leased mixed-use commercial building located in the heart of Perth Amboy, New Jersey on a busy, high-visibility street.This versatile property offers a prime opportunity for entrepreneurs and investors looking to establish themselves in a thriving and bustling neighborhood.The 6,000 sq ft multi-tenant building features three levels of rental space and comes separately metered. The building is 100% leased with a well-known long-term storefront tenant with annual rental increases through 2026, as well as 10 residential apartments. Several apartments have updated kitchens and new hot water heaters installed in the past 3 years. Additionally, the building has a large basement for plenty of storage space. The building is located in a prime location, with easy access to major highways and transportation hubs. Perth Amboy is a thriving community with a rich cultural heritage and a diverse population, making it an ideal location for businesses that cater to a wide range of customers and clients. Eight out of 10 residential apartments are 1 bedroom units, while the remaining two units are studios. This building offers an incredible opportunity to steady financial gains and own a versatile and profitable commercial mixed-use property in one of New Jersey's most vibrant communities!

PROPERTY FEATURES

Number of Units : 11 Number 1 Bedroom Units : 10
Utilities : All Underground Equipment Available : Appliances, Fire Alarm, Fixtures, Intercom, Kitchen Area, Security System, Smoke Detector Water : Public Water Sewer : Public Sewer
Number of Parking Spaces : On-Street Parking
Exterior Description : Brick, Concrete
Lot Size : 25X90 S.F SQFT Available : 6000 S.F Building Area : 6000 S.F Acres : 0.05 Zoning : C-1
Cooling : Window A/C(s) Heating : 4 Units, Forced Hot Air Fuel Type : Electric, Gas-Natural
Construction : Brick/Block Construction Date/Year Built Description : Approximate Roof Description : Flat
Basement Description : French Drain, Partial, Storage

PROPERTY DETAILS

Street Address: 475 State St
City: Perth Amboy
State: New Jersey
Postal Code: 08861-3540
County: Middlesex
MLS Number: 3932596
Year Built: 1890
Courtesy of SIGNATURE REALTY NJ

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