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FOR SALE
$489,990

507 Martin Luther King Jr Dr
Jersey City, NJ 07304

Mixed Use
Commercial
3,500
Sq. Ft.
N/A
Acre Lot
Courtesy: REALMART REALTY
Home> New Jersey> Jersey City> 07304
Welcome to 507 Martin Luther King Drive, a unique mixed-use property in the heart of Jersey City, NJ. This versatile building presents an excellent opportunity for investors and visionaries seeking a project with great potential.First Floor: The ground level features a spacious commercial unit offering flexible usage options. Whether you envision a storefront to attract foot traffic or an office space tailored to your business needs, this area is ready for your creative touch. Its open layout provides the ideal canvas for customization and transformation.Second and Third Floors: Above the commercial space, you?ll find two distinct residential units, each currently configured as two-bedroom apartments. However, with some renovation, each unit has the potential to be reimagined into three bedrooms, accommodating tenants or maximizing rental income.Mixed-use zoning allows for a wide range of applications, from retail to office to residential. With some updates, the property can be transformed to meet modern standards and increase its value. Situated on Martin Luther King Drive, this property benefits from high visibility and easy access to local amenities and public transportation. 507 Martin Luther King Drive offers a canvas brimming with possibilities. Don?t miss out on this chance to shape a space that fits your vision and capitalizes on the growing Jersey City market.
3909161
Commercial - Mixed Use, 3+ Story
Hudson
3
Brick
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: REALMART REALTY
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers? personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
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