556 Main St - Storefront Retail/Office FOR SALE
Orange, NJ 07050 |
556 Main St
Orange, NJ 07050
HIGHLIGHTS
- Seller Financing Available - For financing inquiries please contact Broker David Bartz at (551)-208-4864.
- Prime opportunity to acquire a 10,650 SF, two-story mixed-use building situated along busy Main Street in Orange, New Jersey.
- Incredible value-add opportunity lies within the asset - currently has three tenants occupying the first floor with all rents below market & expiring.
- 5,000+ SF Second floor is unoccupied and has the ability to be converted to offices or apartments.
- Located in a dense retail area w/ many recognizable tenants nearby including Bank of America, McDonald’s, ShopRite, Taco Bell, & Wawa.
- Excellent surrounding 3-mile demographics as there are over 281,000 residents with an average household income surpassing $94,000.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Value-Add | Lender-Owned Mixed Use
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
TOTAL BUILDING SIZE
10000
STORIES
2
YEAR BUILT
1970
SPRINKLERS
-
PARKING SPACES
2
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
17-02502-0000-00014
