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$5,500,000
Est. payment /mo
43,560 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 43,560 sqft
Price per Sqft $126
MLS Listing ID 4015498
Year Built 1930
Annual Tax Amount $10,757
Tax Year 2025
Lot Size 1.030 Acres
Property Sub-Type Mixed Use
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.
Location
State NJ
County Union
Zoning Mixed use
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling Central Air
Flooring Concrete
Equipment Burglar Alarm, Fire Alarm, Sprinkler System
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block
Utilities Available Electric, Gas-Natural
Roof Type Flat
Building
Lot Description Irregular Lot, Possible Subdivision
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by COLDWELL BANKER REALTY FLE
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