101 Walnut St - Bar FOR SALE


Montclair, NJ 07042
$1,600,000 USD
917-526-2982
101 Walnut St, Montclair, NJ for Sale
$1,600,000 USD
Bar - FOR SALE
1/19
null | Request Cap Rate

101 Walnut St
Montclair, NJ 07042


HIGHLIGHTS

  • Expansive Building Footprint on a Single Story
  • 3,200 SF Building
  • Oversized Lot w/Parking
  • 5,700 SF Lot Size
  • One Block from Train Station
  • Short Distance to Bloomfield Ave

OVERVIEW

101 Walnut Street present a rare opportunity to investors and owner/users to acquire a large retail corner property with an oversized lot with parking in downtown Montclair, NJ. Montclair Brewery is a long term tenant with a lease expiration of September 2027 (less than 2 years). The property presents upside potential that can be realized through future lease negotiations or re-leasing of the space.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$515 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1939

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,700 SF

ZONING

C-2

APN/PARCEL ID

13-03203-0000-00019

ASK ABOUT THIS PROPERTY

Jason TrembickiKeller Williams Park ViewsMore Info
917-526-2982

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Jason TrembickiKeller Williams Park ViewsMore Info
917-526-2982

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.