Rare Corner Mixed-use Property For Sale in Lodi

Highlights

• Prime Rt 46 Corner Property w/ Signage
• Lot Size: 19,071 sq ft
• 4 Total Structures; (x1) single family home, (x1) office building & (x2) store-front retail units
• Total Interior Sq Ft: 19,750
• Great for Owner-user or Investment Purposes
• Tenant Flexibility - Can be delivered Vacant or occupied

Description

KW Commercial and The Elia Realty Group is proud to present an exciting new opportunity to own this mixed-use retail/office/residential investment property. Currently on site, there is 2 adjoining retail units totaling 19,000 square foot, a 750 sq ft office, and a 1,500 sq ft single family home. The 511 Westminster retail space offer a full length basement with storage.
The property is perfectly situated for an owner-user to come in and occupy the space for their business, along with collect rental income from the tenants in place, or for future tenants to be leased.

Lodi is a borough in Bergen County, New Jersey. As of the 2010 United States census, the borough's population was 24,136, reflecting an increase of 165 (+0.7%) from the 23,971 counted in the 2000 Census, which had in turn increased by 1,616 (+7.2%) from the 22,355 counted in the 1990 Census.

Lodi owes its name to the Italian city of Lodi, Lombardy. It was incorporated as a borough on December 22, 1894, from portions of the now-defunct municipalities of Lodi Township (now South Hackensack) and Saddle River Township (now Saddle Brook), at the height of Bergen County's "Boroughitis" phenomenon then sweeping through Bergen County, based on the results of a referendum held on the previous day.

According to the United States Census Bureau, the borough had a total area of 2.29 square miles (5.93 km2), including 2.27 square miles (5.89 km2) of land and 0.02 square miles (0.05 km2) of water (0.74%). Areas of the borough are prone to flooding during heavy rain.

The borough borders the Bergen County municipalities of Garfield, Hackensack, Hasbrouck Heights, Maywood, Rochelle Park, Saddle Brook, South Hackensack and Wood-Ridge.

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