1275 State Route 23 - Storefront FOR SALE


Wayne, NJ 07470
$2,250,000 USD
201-803-0412
1275 State Route 23, Wayne, NJ for Sale
$2,250,000 USD
Storefront - FOR SALE
1/4
null | Request Cap Rate

1275 State Route 23
Wayne, NJ 07470


HIGHLIGHTS

  • Prominent roadside presence along a high-visibility state highway with substantial daily traffic influence
  • Strong nearby consumer base supported by affluent surrounding households and stable demographics
  • 27-Minute drive to Newark Liberty International Airport

OVERVIEW

1275 Route 23 presents a rare owner-user or investment acquisition along one of Northern New Jersey’s most heavily traveled state highways. Positioned in the heart of Wayne, this freestanding retail asset sits prominently along Route 23, offering exceptional visibility to more than 72,000 vehicles per day. The property spans 0.529 acres with ample on-site surface parking, making it an attractive option for a wide range of retail, showroom, service, or specialty commercial users seeking high exposure in a thriving suburban corridor

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$234 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

N/A

APN/PARCEL ID

14-01413-0000-00031

ASK ABOUT THIS PROPERTY

Dominic FittizziNAI James E. Hanson, Inc.More Info
201-803-0412

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Dominic FittizziNAI James E. Hanson, Inc.More Info
201-803-0412

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