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Commercial Sale For Sale

580 Lafayette Ave, Hawthorne Boro, NJ 07506-2443

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Property Description

Exceptional mixed-use investment opportunity at 580 Lafayette Avenue in Hawthorne, fully leased and producing stable income.The property features two street-level retail spaces, a nail salon and a clothing boutique both equipped with central air, plus two residential apartments above: one three-bedroom unit and one two-bedroom unit that can easily be made a 3 bd, both maintained in very nice condition. Ea. apt. is leased for $2,500 m with tenants responsible for their own heat, hot water, and electricity.The commercial tenants contribute toward common area maintenance expenses, with increases over the established base year, providing built-in potential for continued income growth.The property also includes six dedicated rear parking spaces, an invaluable amenity for both residential and commercial tenants.Ideally positioned along bustling Lafayette Avenue, the property offers excellent visibility and is surrounded by some of Hawthorne’s most popular destinations, including Angelina’s Fine Italian Deli, Bottagra Restaurant, Macaluso’s renowned wedding and event venue, Goffle Creamery, the Passaic County Arts Center at the John W. Rea House, and beautiful Goffle Brook Park.Residents, customers, and visitors enjoy a vibrant neighborhood atmosphere with convenient access to shopping, dining, recreation, NJ Transit, and major highways. A solid income-producing asset today with long-term value-add potential, this property is ideal for either an investor or an owner-occupant.

Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
4042119
Price:
$1,295,000
Year Built:
1988
Status:
Active
Office Name:
THE AGENCY ONE ROCK
Agent Name:
GISELLA LIBERATI
Property Sub Type:
MixedUse
Roof:
Flat, Asphalt Shingle
Features
Heating System:
Baseboard - Hotwater
Cooling System:
Central Air
Basement:
Full, Storage
Sewer:
Public Sewer
Utilities:
Gas-Natural
Address Map
Country:
US
State:
NJ
County:
Passaic
City:
Hawthorne Boro
Zipcode:
07506-2443
Street:
Lafayette Ave
Street Number:
580
Longitude:
W75° 50' 39.8''
Latitude:
N40° 57' 29.3''
Directions:
Diamond bridge to Lafayette
Zoning:
4A
Additional Information
Lot Size Dimensions:
50XIRR
Water Source:
Public Water
Stories Total:
2
Number Of Units Total:
4
Lot Features:
Irregular Lot
Building Size:
4400
Financial
Tax Annual Amount:
17084
Listing Information
List Agent Mls Id:
286590
List Office Mls Id:
492715
Mls Status:
Active
Modification Timestamp:
2026-07-21T18:28:32Z
Originating System Name:
gsmls
Commercial Sale For Sale
Listing ID:
4042119
$1,295,000
Agent info
Contact Agent

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