Average square foot calculated using Size range provided by listing agent.
Description
Prime Development Opportunity in Booming Jersey City! Unlock the full potential of this high-visibility property at 361 Central Avenue, located in the heart of Jersey City’s thriving Central Business District. This expansive 9, 800 SF commercial space offers immediate income potential while sitting on a zoned development site allowing up to 5 stories – with ground-floor commercial and residential units above (2nd–5th floors). Build 12 2 Bed 2 Bath 950+- Sq Ft units above the retailor 16-20 1 Bed 1 Bath Units. This is a rare opportunity for investors or developers to capitalize on Jersey City’s continued growth and strong demand for mixed-use residential properties. Flexible zoning allows for a variety of configurations: upscale apartments, condos, or long-term rentals – all above an anchor retail space in a well-trafficked corridor.Show Description
MLS® Number250012942
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