700 Park Ave - Office FOR SALE


Plainfield, NJ 07060
$1,850,000 USD
908-922-1483
700 Park Ave, Plainfield, NJ for Sale
$1,850,000 USD
Office - FOR SALE
1/14
null | Request Cap Rate

700 Park Ave
Plainfield, NJ 07060


OVERVIEW

Mixed use redevelopment opportunity in downtown Plainfield, 1/2 mile from Plainfield train station. This area is intended to be the downtown retail center as well as serving a broader population of Plainfield residents and the surrounding region. The city is targeting the CBD as such a center because this location can capitalize on its proximity to the Downtown Train station to support the sought activity. This area is intended to be the primary pedestrian oriented retail shopping experience for the City, with mixed use commercial/residential structures. While there has been significant CBD investment, the success of the CBD continues to be an ongoing effort, and most of the City’s planning and redevelopment efforts focus on this achievement. The city continues to strive to make the CBD a downtown that is bustling 24 hours a day for people to live, work, shop and recreate.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$88 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

Commercial

APN/PARCEL ID

12-00713-0000-00003

ASK ABOUT THIS PROPERTY

Ryan CurtisJack Pedersen RealtyMore Info
908-922-1483

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Ryan CurtisJack Pedersen RealtyMore Info
908-922-1483

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