47 Chestnut St - Storefront Retail/Residential FOR SALE


West Orange, NJ 07052
$599,900 USD
973-846-9220
47 Chestnut St, West Orange, NJ for Sale
$599,900 USD
Storefront Retail/Residential - FOR SALE
1/33
null | 6.5% Cap Rate

47 Chestnut St
West Orange, NJ 07052


HIGHLIGHTS

  • 5 Car Garage, Office Space, 2 Bedroom Apartment; Separate Utilities

OVERVIEW

Exceptional & well maintained mixed-use investment all-brick building with street-level retail storefront currently occupied by a long-established accounting firm and a spacious 2-bedroom apartment above. Tenants have occupied the building for 10+ years, offering stability and consistent occupancy history. Property includes 5 garages plus additional driveway parking, creating additional income potential and convenience. Separate utilities for each unit. Ideal opportunity for investors or owner-occupants seeking supplemental rental income.

FOR SALE DETAILS

PRICE

$599,900 USD

PRICE/SF

$333 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

B-1

APN/PARCEL ID

22-00134-0000-00001

ASK ABOUT THIS PROPERTY

Angela D'AriesPROMINENT PROPERTIES SIRMore Info
973-846-9220

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

Angela D'AriesPROMINENT PROPERTIES SIRMore Info
973-846-9220

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