Active

238-240 14TH ST

JC, Downtown NJ, 07310

$1,699,000


Active

Commercial

Prime real estate opportunity outside the Holland Tunnel in Jersey City! Welcome to a unique and strategically located property that combines commercial potential with maximum visibility - presenting a 50x60 lot size situated just outside the bustling Holland Tunnel in Jersey City. With 100,000+ vehicles passing through it every day, the Holland Tunnel is one of the busiest automotive tunnels in the world! Key Features: Lot Size: 50x60 - Offering a versatile canvas for endless possibilities High Visibility: Positioned for maximum exposure to the continuous stream of car traffic entering and exiting the Holland Tunnel, this property boasts an unparalleled advertising advantage. Commercial Assets: The property is currently home to a billboard and a diner, creating an immediate revenue stream and opportunities for further development. Strategic Location: Enjoy easy access to all major transportation routes, making it convenient for both customers and commuters. The Holland Tunnel provides a direct link to Manhattan, ensuring a steady flow of traffic throughout the day. Investment Highlights: Billboard Revenue: Leverage the existing billboard to generate steady advertising income, capitalizing on the high traffic volume passing through the area. Diner Potential: With a diner already on-site, there's an opportunity to cater to the needs of commuters, locals, and tourists alike. Explore options for renovation, rebranding, or potential collaboration with popular food chains. Transportation Access: Holland Tunnel: Direct access to Manhattan, facilitating seamless commuting for a diverse audience. Proximity to Major Highways: The property's location ensures easy connections to major highways, optimizing accessibility for a wide range of visitors. Development Opportunities: Expand or Reimagine: With the generous lot size, there's room for expansion or reimagining the property to meet the demands of the growing Jersey City market. Adaptive Reuse: Explore adaptive reuse possibilities for the existing structures to enhance their functionality and appeal. This is a rare chance to acquire a property that not only provides immediate income but also holds tremendous potential for future growth.

240007153

MLS ID

April 17, 2024

Listed

April 17, 2024

Updated

Map

238-240 14TH ST
JC, Downtown NJ, 07310

Other Property Details

Area Name

JC, Downtown


Garage

No


View

No


County

Hudson


Pool

No

Courtesy of DEL FORNO REAL ESTATE LLC with VITO DEL FORNO,
Listing Contact: 201-432-7000 

The IDX display contains information sourced from the Realty Multiple Listing System, Inc. as of 4/17/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Realty Multiple Listing System, Inc. all rights reserved.

Data last updated on 4/17/2024 at 11:37 PM UTC

Powered byLuxury Presence