451 Communipaw Ave

Located on Communipaw Avenue, the major east-west corridor in Jersey City, the Lofts at 451 Communipaw Avenue, has an ideal location, in one of Jersey City’s hottest and fastest growing neighborhoods. The Lofts at 451 Communipaw contains two separate buildings, the main building contains, five (5) commercial spaces and the Factory Restaurant and Lounge, located on the entire first floor, for a total of six (6) commercial spaces. The smaller outer building contains the expansion of the Factory Restaurant and outdoor cafe´. In addition, the iconic “Lafayette smoke stack” sits on the property.
The Factory Restaurant and lounge is one of the focal points in the Morris Canal community. The Lofts at 451 Communipaw Avenue is located on 12,715 square feet of property or .29 acres. The main building that comprises 451 Communipaw Avenue is approximately 29,151 square feet, approximately, 7,720 square foot per floor. The property has one (1) loading bay and one (1) freight elevator.
This is an excellent value add opportunity with vacancy and upside on the upper floors and a diminishing supply and high demand for this kind of product in Jersey City. This property is also great for an owner user with plenty of space to run your business.