Tyler Van Wagoner Of Marcus & Millichap Sells Retail Property In Bayonne For $1.9M

The mixed-use building located at 554-556 Broadway in Bayonne, NJ, 07002, was recently sold for $1,900,000. The property consists of 10,260 square feet of ground-floor retail space and 7,510 square feet of second-floor office space. The transaction was facilitated by Marcus & Millichap, with Fahri Ozturk and Tyler Van Wagoner representing the seller. The buyer remains undisclosed. The new owner intends to transform the building into a four-story mixed-use property.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,900,000.00
• Market: Bayonne
• Seller's Representative: Tyler Van Wagoner (Marcus & Millichap)
• Buyer: Unknown
• Square Footage: 17,770

The sale of the mixed-use building at 554-556 Broadway in Bayonne, NJ, for $1.9 million was successfully brokered by Tyler Van Wagoner and Fahri Ozturk from Marcus & Millichap. The property's new owner is planning to redevelop the structure into a multi-story mixed-use building, showcasing the potential for growth and development in the Bayonne market.