Vacant 3,000-square-foot building offers mixed-use opportunity near waterfront
Perth Amboy, NJ – A vacant bar property in Perth Amboy has been listed for $999,999, offering a potential redevelopment or owner-user opportunity in a city waterfront corridor. The property, located at 200 Hall Avenue, includes a three-story, 3,000-square-foot building situated on a compact 0.06-acre lot.
Marketed as a mixed-use investment, the site is currently unoccupied and positioned within an Opportunity Zone, a designation that may provide tax incentives for redevelopment. The building, originally constructed in 1950, is classified as a Class C retail structure and previously operated as a bar.
Location and zoning shape development potential
The property is zoned R-25, which may allow for a range of residential or mixed-use configurations depending on municipal approvals. Its location provides access to major roadways, nearby businesses, and Perth Amboy’s waterfront area, a factor highlighted in the listing as a driver of future growth.
With 25 feet of frontage along Hall Avenue, the site has limited on-site parking, listing just one space. The building’s three-story layout and floor area ratio of 1.15 may offer vertical redevelopment potential for investors.
Key Points
- Vacant 3,000-square-foot bar property listed for $999,999 in Perth Amboy
- Located in Opportunity Zone with potential tax advantages for redevelopment
- Zoned R-25, allowing for possible residential or mixed-use future use
Investment or end-user opportunity
The listing positions the property for either an investor seeking redevelopment or a business owner looking to establish a new operation. Its vacancy status allows for immediate repositioning, subject to local zoning and permitting approvals.
No timeline has been announced for offers or redevelopment plans.
