1921 Morris Ave - Retail FOR SALE


Union Township, NJ 07083
$1,450,000 USD
908-301-2896
1921 Morris Ave, Union Township, NJ for Sale
$1,450,000 USD
Retail - FOR SALE
1/5
null | Request Cap Rate

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1921 Morris Ave
Union Township, NJ 07083


HIGHLIGHTS

  • Five Unit Retail
  • Separate Entrances & Utilities
  • 12 Car Private Parking Lot

OVERVIEW

Five-Unit Retail Building for Sale on busy Rt 82, Morris Avenue in Union Town Center. Currently used as a Grocery Store, each unit has its own Utilities, Basements, Bathrooms, and Front & Rear Entrances for dividing into separate spaces for extra rental income. Units 1 & 2 have a shared Gas Furnace & CAC, Units 3 & 4 have Wall Mounted Heat Pumps & AC units, and Unit 5 currently leased month to month, has its own Gas Furnace & CAC. Also includes a Full Kitchen with Hood & Front Counter Area in Unit 1, a Full Kitchen & Hood in Unit 2, a Hard Wired Central Monitored Fire Alarm, a 12 Car Private Parking Lot & Building Signage. Owner is replacing Roof currently, as well. On Busy Rt 82, on the corner of Morris & Grandview Avenues with high Traffic Count Volume & Great Exposure, this versatile Five-Unit Retail Building is perfect for an Owner Occupier or Investor, and must be seen to be appreciated ! Of Note; Agent Showings will start on 7/17/26.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$365 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Five Unit Retail Building for Sale

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,500 SF

ZONING

Commercial

APN/PARCEL ID

19-02317-0000-00005

ASK ABOUT THIS PROPERTY

Alan RasmussenColdwell Banker Commercial RealtyMore Info
908-301-2896

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Alan RasmussenColdwell Banker Commercial RealtyMore Info
908-301-2896

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