13-27 Scotland Rd - Storefront Retail/Residential FOR SALE
South Orange, NJ 07079 |
973-292-4624
13-27 Scotland Rd
South Orange, NJ 07079
HIGHLIGHTS
- Opportunity to purchase a mixed-use investment comprising 15 multifamily units and five retail spaces.
- One block to South Orange Train Station with one-seat access to New York Penn Station in under 30 minutes.
- In-place average residential rent is $1,048 per month with 70% upside to $1,500 per month.
- Seton Hall University, located 0.6 miles away, attracts people from the entire region and benefits the retail tenancy on the ground floor.
- Numerous recently completed development projects nearby, including a 110-unit apartment building directly adjacent to 13-27 Scotland Road.
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
Retail and Multifamily Mixed-Use | Value Add
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1940
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.18 AC
LAND SF
7,884 SF
ZONING
B-A1
APN/PARCEL ID
19-01006-0000-00004
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973-292-4624
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973-292-4624
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