431 Park Ave - Freestanding FOR SALE


Scotch Plains, NJ 07076
$799,000 USD
973-417-2211
431 Park Ave, Scotch Plains, NJ for Sale
$799,000 USD
Freestanding - FOR SALE
1/4
null | Request Cap Rate

431 Park Ave
Scotch Plains, NJ 07076


HIGHLIGHTS

  • heavy traffic, across the street city hall
  • highlight location, plenty of parking

OVERVIEW

state farm 915 sq ft, rent 1,700 lease ends on June 30 2025 option for 5 year renewal, Black drop Coffee 2,100 sq ft $2,300 lease ends May 32 2025 option 5 year renewal, 1 bedroom apartment in the back of the building 1,600 month to month.. plenty of street parking and parking in rear of building shared parking lot,, building insurance approx 2,500 yearly, tenants pay own utilities, they take care of own snow shoveling, both units have basement for storage... It is NOT a NNN Lease

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$397 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Fast Food, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

N/A

APN/PARCEL ID

16-01501-0000-00004

ASK ABOUT THIS PROPERTY

Lourie IudiciModern Realty Group LLCMore Info
973-417-2211

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

Lourie IudiciModern Realty Group LLCMore Info
973-417-2211

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