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Listed by Nicholas G. Pace Century 21 The Crossing-Midland Park
$ 5,250,000
Est. payment /mo
Active
471-491 Lafayette AVE Hawthorne, NJ 07506
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26032381
Style Retail
Property Sub-Type Retail
Property Description
Rare redevelopment opportunity at 471–491 Lafayette Avenue in Hawthorne, NJ. This 2.27+/- acre assemblage totals approximately 98,881+/- SF and spans two sub-areas with more than a block of Lafayette Avenue frontage. An adopted Redevelopment Plan is in place, establishing a framework for future use with opportunities for senior residential on one tract and mixed-use residential development with a ground-floor commercial component on the second tract. The plan provides for up to 60 residential units, subject to compliance with the plan, applicable regulations and required municipal approvals. Formerly home to the original Hawthorne Chevrolet, the property offers significant scale, visibility and long-term potential in an established commercial location.
Location
State NJ
County Passaic
Interior
Heating Multi-Zone
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