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116 N Wood Avenue, Linden, NJ

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DetailMap
116 N Wood Avenue

Linden, NJ 07036 - Parkway Cranford Corridor Submarket


Property Type:Retail Sub Type:Storefront Retail/Residential Status:Existing , Renov 2006 Year Built:1910
Building Size:5,370 SF Land Area:.24 AC (10,454 SF)
% Leased:
For Sale Price:$850,000 Price/SF:$158.29
Cap Rate:6.80 %
Smallest Space:2,100 SF Largest Space:2,100 SF Total Space Avail:2,100 SF Rent/SF/Yr:
$14.00
Features:Commuter Rail, Tenant Controlled HVAC, Center Mixed Use


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
2,100 SF
$14.00/SF/Yr
Vacant
Negotiable
Office/Retail
 
13259088
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
2,100 SF
$14.00/SF/Yr
Vacant
Negotiable
Office/Retail
The subject property was renovated in 2006, and is located in the heart of Downtown Linden which
is a short walk to the Linden train station. The property consists of four (4) one (1) bedroom
apartments, three (3) of which are leased, and two (2) retail spaces. Each retail unit is
approximately 1,800 SF, one (1) is leased to a Hair Salon and the other is vacant. Each unit is
separately metered for gas and electric. There is an existing mortgage that might be assumed by a
qualified purchaser.

Sale Notes:
The subject property was renovated in 2006, and is located in the heart of Downtown Linden which
is a short walk to the Linden train station. The property consists of four (4) studios
apartments, three (3) of which are leased, and two (2) retail spaces. One (1) is leased to a Hair Salon (abt 1500 sqft) and the other is vacant as of Jan'2019 (abt 2100 sqft). Each unit is separately metered : 6 separate gas, electric, HVAC, water heater. All month to month leases.

Century 21 Cedarcrest Realty, Inc.
Tracy Y Chan
(973) 228-1050

John Sass
(973) 228-1050 x102


Century 21 Cedarcrest Realty, Inc.
Tracy Y Chan
(973) 228-1050

John Sass
(973) 228-1050 x102



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