9-11 E Washington Ave - The Field House 9-11 E Washington Ave 8,816 SF Retail Building Washington, NJ 07882 $599,000 ($67.94/SF)
INVESTMENT HIGHLIGHTS
- Divisible into multiple tenants
- Located in the center of Business District
EXECUTIVE SUMMARY
This renovated retail storefront seeks a new owner. It is located in the heart of the up-and-coming Washington Borough business district, which is highly sought after. The building is 44 x 110 feet and has two floors. It can easily be divided into two separate storefronts. The roof is 10 years old, and the HVAC units are less than seven years old. There are two zones, a water heater that is five years old, and two restrooms, one of which is ADA-compliant. The lower level has a sprinkler system. Both the upper and lower levels are wide open, awaiting your vision. The property is conveniently located near routes 31, 57, and 78. There is on-street parking, and a municipal lot is conveniently located across the street.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$17,847
|
$3.56
|
| Operating Expenses |
$9,373
|
$1.87
|
| Total Expenses |
$27,220
|
$5.43
|
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
8,816 SF
Building Class
C
Year Built/Renovated
1950/2017
Price
$599,000
Price Per SF
$67.94
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.96
Lot Size
0.10 AC
Zoning
B2 - Central Business
Frontage
42’ on Washington Ave
AMENITIES
- Signage
Walk Score®
Very Walkable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 21-00094-01-00003 | Total Assessment | $303,000 (2024) |
| Land Assessment | $29,900 (2024) | Annual Taxes | $17,847 ($2.02/SF) |
| Improvements Assessment | $273,100 (2024) | Tax Year | 2025 |
