12 Washington Ave, Plainfield City, NJ 07060

$4,700,000

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List Price
$4,700,000
Price Change
▼ $800,000 1780437832
Days on Market
177
Status
ACTIVE
MLS#
4015498
Lot Size (Acres)
1.03
Year Built
1930
County
Union

Property Description

Exceptional mixed use investment redevelopment opportunity in the vibrant downtown district of Plainfield. Located at 12-18 Washington Ave Plainfield, NJ 07060 (Lots 9,16,17, & 18.) This property sits in a prime urban-suburban mixed use corridor with strong visibility and convenient access to local amenities and transportation. The property currently features multiple income-generating components, including an operating daycare, a warehouse space with a loading dock, a printing shop, a juice bar, and two apartments. The residential units consist of one spacious 2 bedroom two bath apartment and a 1 bedroom 1 bath apartment, offering rental income potential.A dedicated parking lot entrance from Washington Ave provides approximately six off-street parking spaces, adding valuable convenience for tenants and visitors. With its large combined lot size and prime downtown location, this property presents an outstanding opportunity investors, developers, or owner-users. The site is well suited for future redevelopment into a modern mixed use residential and commercial building, capitalizing on the continued growth and revitalization of the Plainfield downtown area. A rare chance to acquire a versatile property with existing income streams and significant long-term development potential.

Additional Information

Flooring
Concrete
Garage Spaces
6
Heating
Forced Hot Air
Cooling
Central Air
Roof
Flat
Utilities
Electric, Gas-Natural
Water
Public Water
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing Courtesy Of COLDWELL BANKER REALTY FLE, Contact: 201-232-6145