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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)
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.®

Nearby Major Retailers

Ymca
ShopRite
PNC Bank
Bank of America
Boston Market
Santander
Blink Fitness
CTown
Checkers
Rent-a-center

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-00544-0000-00002
Land Assessment
$136,800
Improvements Assessment
$349,300
Total Assessment
$486,100
  • Listing ID: 27045043

  • Date on Market: 11/4/2022

  • Last Updated:

  • Address: 524 William St, East Orange, NJ 07017

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