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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
111 ft on Spingfield Avenue

Amenities

  • Bus Line
  • Freeway Visibility
  • Signage
Walk Score ®
Very Walkable (80)
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

Five Guys
Bank of America
Starbucks
Whole Foods Market
Planet Fitness
Blimpie
Trader Joe's
HSBC
Revolution
BCB Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-05704-0000-00023
Land Assessment
$24,537 CAD
Improvements Assessment
$86,931 CAD
Total Assessment
$111,469 CAD
  • Listing ID: 34097202

  • Date on Market: 2024-12-05

  • Last Updated:

  • Address: 2181 Springfield Ave, Vauxhall, NJ 07088

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