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Retail Complex For Sale
24 Little Falls Rd, Fairfield Twp., Essex 07004-1913
Prime Commercial Property- Prime commercial real estate property located in the heart of Fairfield.- Features a shopping strip with five distinct units suitable for various businesses.- Offers ample parking, attracting a steady flow of customers.- Strategically located near major routes RT 48 and 80 for high visibility and easy access.- Low rent that has remained unchanged for the past seven years.- Opportunity for the new owner to increase the rent by 10% to 15% with a new triple net lease agreement.- All units are currently occupied, demonstrating sustained demand.- Tenants are responsible for their own utilities, reducing the owner’s operational costs.- Presents a lucrative investment opportunity with immediate returns and promising future growth.This prime property is a commercial real estate gem located in the bustling heart of Fairfield. It features a shopping strip with five distinct units, each boasting its own unique potential for various retail or service-based businesses. Lender may require flood insurance.
- Property Type:
- Retail Complex
- Listing Type:
- For Sale
- Listing ID:
- 4004675
- Price:
- $1,450,000
- Year Built:
- 1979
- Lot Area:
- 0.66 Acre
- Status:
- Under Contract
- Office Name:
- RE/MAX SELECT
- Agent Name:
- RUSI D GANDHI
- Roof:
- Flat
- Heating System:
- Baseboard - Hotwater
- Cooling System:
- Central Air, See Remarks
- Basement:
- Partial
- Flooring:
- Laminate
- Sewer:
- Public Sewer
- Utilities:
- All Underground
- Country:
- US
- State:
- Essex
- County:
- Essex
- City:
- Fairfield Twp.
- Zipcode:
- 07004-1913
- Street:
- Little Falls Rd
- Street Number:
- 24
- Longitude:
- W75° 43' 25.6''
- Latitude:
- N40° 53' 16.2''
- Directions:
- Rt 46 to Fairfield Rd to Little Falls Rd
- Zoning:
- Commercial
- Lot Size Dimensions:
- 140X206
- Water Source:
- Public Water
- Stories Total:
- 1
- Number Of Units Total:
- 5
- Lot Features:
- Level Lot
- Garage:
- 23
- Building Size:
- 4584
- Tax Annual Amount:
- 15779
- List Agent Mls Id:
- 236574
- List Office Mls Id:
- 158109
- Mls Status:
- Under Contract
- Modification Timestamp:
- 2026-06-29T14:38:11Z
- Originating System Name:
- gsmls
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