2261 South Ave - Freestanding FOR SALE


Scotch Plains, NJ 07076
$1,295,000 USD
908-403-2002
2261 South Ave, Scotch Plains, NJ for Sale
$1,295,000 USD
Freestanding - FOR SALE
1/2
null | 4.61% Cap Rate

2261 South Ave
Scotch Plains, NJ 07076


HIGHLIGHTS

  • Free Standing Building
  • Ample Parking
  • High Visibility

OVERVIEW

May be leased at $35.00 NNN Clean Free standing building. 17 parking spots. Great visibility with 15,000 vehicles per day. Located in an affluent neighborhood and along the bus/train line. Apartment build outs have doubled the towns residence. Organic growth for any establishment. New roof parking lot and ac unit has been added to the property. Potential uses include: Restaurant, Hair Salon, Nail Salon, Medical Office ,Gym, Physical Therapy...Zoned B2...Possible 4 to 5 Apartments

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$925 USD /SF

CAP RATE

4.61%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

B2 retail

APN/PARCEL ID

16-08201-0000-00013

ASK ABOUT THIS PROPERTY

Michael NovelloStarlight CleanersMore Info
908-403-2002

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Michael NovelloStarlight CleanersMore Info
908-403-2002

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