Awesome opportunity for investor / owner user | 524 William St
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Awesome opportunity for investor / owner user 524 William St
4,700 SF Vacant Retail Building East Orange, NJ 07017 $537,000 ($114/SF)
Investment Highlights
- Long term retail tenants currently on month to month leases
- Huge room that spans the back of the property with potential for many uses
- Full basement with plenty of room for storage
- Below market rents with huge opportunity for upside potential
- Full kitchen of operating restaurant equipment
Executive Summary
Untapped potential in an underutilized property with great commercial exposure .
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,700 SF
Year Built/Renovated
1950/1996
Price
$537,000
Price Per SF
$114
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Walk Score ®
Very Walkable (87)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 05-00544-0000-00002 | Improvements Assessment | $349,300 |
Land Assessment | $136,800 | Total Assessment | $486,100 |
PROPERTY TAXES
Parcel Number
05-00544-0000-00002
Land Assessment
$136,800
Improvements Assessment
$349,300
Total Assessment
$486,100
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Awesome opportunity for investor / owner user | 524 William St
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