117 Quimby St - Freestanding FOR SALE


Westfield, NJ 07090
$3,750,000 USD
908-604-6900
117 Quimby St, Westfield, NJ for Sale
$3,750,000 USD
Freestanding - FOR SALE
1/4
null | Request Cap Rate

117 Quimby St
Westfield, NJ 07090


HIGHLIGHTS

  • Located within Westfield’s Central Business District, and well known for its attractive small-town environment and vibrant downtown shopping
  • Westfield NJ Transit Rail Station located two blocks east and within immediate proximity to major highways including RT 22 & 28, GSP, & I-78

OVERVIEW

BACK ON MARKET - Silbert Realty & Management Company Inc., (“SRM”) has been retained on an exclusive basis by the fee simple owner, to market for disposition the 7,020 SF two story building. The building has achieved long term stabilization and serves a densely populated area with a substantial daytime population. Existing retail tenants include Jos A. Bank Clothiers, The Brick Oven Restaurant. This acquisition is a prime 1031 Exchange and value-added opportunity.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$534 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

117-121 Qumby Street

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,934 SF

ZONING

CBD

APN/PARCEL ID

20-03116-0000-00006

ASK ABOUT THIS PROPERTY

Christian HarringtonSilbert Realty & Management Co., Inc.More Info
908-604-6900

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Christian HarringtonSilbert Realty & Management Co., Inc.More Info
908-604-6900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.