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1875 Springfield Ave

2,300 SF Retail Building Maplewood, NJ 07040 $650,000 ($283/SF) 4.22% Cap Rate

Storefront Properties New Jersey Maplewood 1875 Springfield Ave, Maplewood, NJ 07040

Executive Summary

Commercial Store for Sale. This fully gut-renovated building, located in the heart of Maplewood, offers an excellent opportunity for investors or small business owners. Renovations completed approximately 4 years ago include the HVAC system and roof. The property features a spacious unfinished basement equipped with 3 commercial sump pumps and a new electric panel. Income, expense, and lease details are available from the listing broker.The property is conveniently close to bus and train stations, with street parking available and easy access to highways. Please see Matterport https://my.matterport.com/show/?m=5tmxffw8Ry4

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
2,300 SF
Building Class
C
Year Built
1921
Price
$650,000
Price Per SF
$283
Cap Rate
4.22%
NOI
$27,455
Tenancy
Single
Building Height
1 Story
Building FAR
0.88
Lot Size
0.06 AC
Zoning
PRB - The lot is 0.0574 AC. has property class of Commercial, and is located in Zone PRB
Frontage
21 FT on New Jersey 124

Amenities

  • Bus Line
  • Freeway Visibility
  • Signage

Links

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Walk Score ®
Very Walkable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Blimpie
Starbucks
Whole Foods Market
Valley National Bank
Revolution
BCB Bank
Bank of America
Five Guys
The YMCA

PROPERTY TAXES

Parcel Number 11-00029-12-00018 Improvements Assessment $252,500
Land Assessment $150,000 Total Assessment $402,500

PROPERTY TAXES

Parcel Number
11-00029-12-00018
Land Assessment
$150,000
Improvements Assessment
$252,500
Total Assessment
$402,500
(201) 448-5374

Contact

  • Jae Kim
    Jae Kim
  • RE/MAX NOW

  • Listing ID: 32501511

  • Date on Market: 7/18/2024

  • Last Updated:

  • Address: 1875 Springfield Ave, Maplewood, NJ 07040

More public record information on 1875 Springfield Ave, Maplewood, NJ 07040

The Retail Property at 1875 Springfield Ave, Maplewood, NJ 07040 is currently available for sale. Contact RE/MAX NOW for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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1875 Springfield Ave, Maplewood, NJ for sale Building Photo- Image 1 of 14
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1875 Springfield Ave, Maplewood, NJ for sale Interior Photo- Image 6 of 14
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1875 Springfield Ave, Maplewood, NJ for sale Interior Photo- Image 7 of 14
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1875 Springfield Ave, Maplewood, NJ for sale Interior Photo- Image 12 of 14
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1875 Springfield Ave, Maplewood, NJ for sale Interior Photo- Image 13 of 14
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1875 Springfield Ave
(201) 448-5374 x

1875 Springfield Ave

Jae Kim

(201) 448-5374

(201) 448-5374

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