23 Emerson Plz - Freestanding FOR SALE


Emerson, NJ 07630
$1,150,000 USD
973-809-6274
23 Emerson Plz, Emerson, NJ for Sale
$1,150,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

23 Emerson Plz
Emerson, NJ 07630


HIGHLIGHTS

  • Free Standing
  • Train Station & Public Transportation
  • Possibility for Vertical Development
  • Great Investment Opportunity
  • Long Term Tenant

OVERVIEW

An exceptional opportunity to acquire a single tenant retail property in the heart of Emerson’s thriving downtown business district, just steps from the Emerson Train Station and public transportation. This 3,812 sq. ft. freestanding building on a 7,649 sq. ft. lot has been home to a successful, long standing tenant who will continue operating at the location, providing a stable and reliable income stream for the next owner. The property features (7) dedicated parking spaces, a truck loading area, and excellent street visibility along one of Emerson’s most active commercial corridors. The site offers an ideal combination of steady income and possibility for long term development upside. Located within the Downtown Overlay Zone, the property presents an opportunity for vertical expansion above the existing retail footprint, allowing for future mixed-use or multifamily development, subject to Zoning & Borough approvals.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$352 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

RC

APN/PARCEL ID

14-00616-0000-00020

ASK ABOUT THIS PROPERTY

Paul SkiadasKW Town LifeMore Info
973-809-6274

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Paul SkiadasKW Town LifeMore Info
973-809-6274

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