Value/Add - Springfield Ave Retail | 2181 Springfield Ave
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Value/Add - Springfield Ave Retail 2181 Springfield Ave
4,650 SF 52% Leased Retail Building Vauxhall, NJ 07088 $1,646,231 CAD ($354 CAD/SF)
Investment Highlights
- Building Has On-Site Parking Consisting Of 16 Spaces
- Situated 2 Blocks Away From NJ Transit Bus Stop And Minutes Away From Millburn Train Station.
- 52% Occupied 4,650+/- Square Foot Upside In Below Market Rents And Filling Up Vacant Units.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,650 SF
Building Class
C
Year Built
1950
Price
$1,646,231 CAD
Price Per SF
$354 CAD
Percent Leased
52%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.46
Lot Size
0.23 AC
Zoning
4A - Commercial
Parking
10 Spaces (3.44 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Freeway Visibility
- Signage
Walk Score ®
Very Walkable (80)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 19-05704-0000-00023 | Improvements Assessment | $86,931 CAD |
Land Assessment | $24,537 CAD | Total Assessment | $111,469 CAD |
PROPERTY TAXES
Parcel Number
19-05704-0000-00023
Land Assessment
$24,537 CAD
Improvements Assessment
$86,931 CAD
Total Assessment
$111,469 CAD
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Value/Add - Springfield Ave Retail | 2181 Springfield Ave
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