313 Washington Ave | Belleville, NJ 07109
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- LoopNet Team
313 Washington Ave
Belleville, NJ 07109
Retail Property For Sale
Investment Highlights
- Frontage Along Washington Ave
- Value Add – Hands Off/Passive Opportunity
- High Traffic & Exposure
- Under Market Rent
- Retail & Office/Event Space with 10 Parking Spaces
- 9% Pro-Forma Cap Rate at Year 6 of Lease
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,400 SF
Building Class
B
Year Built
2012
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.69
Lot Size
0.18 AC
Zoning
Mixed use/Retail
Parking
12 Spaces (2.4 Spaces per 1,000 SF Leased)
Frontage
21 FT on Washington Ave
Amenities
- 24 Hour Access
- Bus Line
- Restaurant
- Signage
- Tenant Controlled HVAC
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 01-07805-0000-00020 | Improvements Assessment | $398,600 |
| Land Assessment | $226,400 | Total Assessment | $625,000 |
PROPERTY TAXES
Parcel Number
01-07805-0000-00020
Land Assessment
$226,400
Improvements Assessment
$398,600
Total Assessment
$625,000
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