46 Martin Luther King Jr Dr, Jersey City, NJ 07305

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Building Details:

• Year Built: 1952

Description

6000 sq first floor and 1500 sf second floor. Commercial and Education zoning make this an ideal property for a day care; charter school; community center, place of worship, grocery store, offices or any other retail use.

This is a two story building built in 1952 on a 24" concrete slab with steel beam construction and a brick and stucco exterior. The original use was as a Safeway food store. The entire space was renovated between 2002 and 2005. There are 7 bathrooms on the first floor and 3 on the second. There are kitchens on both floors.

Currently owner occupied. The owner is operating a successful day care center and convenience store currently. The purchaser may continue these businesses and purchase the assets for an additional investment.

Located in the Hills near Greenville on a predominantly retail street. There are several redevelopment projects in the area which is expected to continue.
The building does not flood and had no damage from the recent storms. Electric to the building was upgraded and all wires are under ground. One block from the former Greenville Hospital and near Kennedy Blvd.