GET MORE INFORMATION

We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.

Listed by Roi Klipper Corcoran Infinity Properties, Ridgewood
Bought with Roi Klipper Corcoran Infinity Properties

$ 2,399,000

Est. payment -/mo

Sold on 05/23/2025

505 Mola BLVD Elmwood Park, NJ 07407

UPDATED:

Key Details

Sold Price $2,399,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 25005882

Style Retail

Property Sub-Type Retail

Property Description

Presenting an exceptional commercial property located at 505 Mola Blvd. This free-standing building offers a unique investment opportunity in a prime location. This property features three separate retail stores, providing diverse rental income streams. Additionally, it includes a spacious warehouse, ideal for storage or operational needs. The building holds significant potential for further income generation with the possibility of adding a second floor, subject to local zoning regulations. This expansion could accommodate additional office space or residential units, enhancing the property's value and utility. One of the standout features of this property is the ample parking available, ensuring convenience for both tenants and customers. The strategic location offers excellent visibility and accessibility, making it an attractive option for businesses and investors alike. Contact us today to view this amazing property!