1101-1109 E 2nd St - Retail FOR SALE


Plainfield, NJ 07062
$1,275,000 USD
973-884-4444
1101-1109 E 2nd St, Plainfield, NJ for Sale
$1,275,000 USD
Retail - FOR SALE
1/2
null | Request Cap Rate

1101-1109 E 2nd St
Plainfield, NJ 07062


HIGHLIGHTS

  • Fully leased 6-unit mixed-use property
  • 4 retail storefronts, 2 apartments (plus dedicated storage/parking income)
  • Significant recent capital improvements (roof, HVAC)
  • Strong cash-flow

OVERVIEW

1101–1109 East 2nd Street, Plainfield is a stabilized, 100% leased mixed-use property with 4 retail spaces, 2 3-bedroom apartments, and on-site parking/storage. The property has newer HVAC throughout, roofs renovated within 5 years, modernized apartments (2018/2024), and a recently renovated retail suite. Located on an active NJ Transit bus line, and 1/2 mile from Netherwood NJ Transit Station (direct NYC access), the property offers consistent cash flow.

FOR SALE DETAILS

PRICE

$1,275,000 USD

PRICE/SF

$196 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mixed-Used Investment FULLY LEASED

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

NC

APN/PARCEL ID

12-00331-0000-00019

ASK ABOUT THIS PROPERTY

Ebony ParhamNewmark Associates CRE, LLCMore Info
973-884-4444

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Ebony ParhamNewmark Associates CRE, LLCMore Info
973-884-4444

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