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Value/Add - Springfield Ave Retail 2181 Springfield Ave

4,650 SF 52% Leased Retail Building Vauxhall, NJ 07088 £911,004 (£196/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.

Attachments

2181 Springfield Ave Offering Memorandum UPDATE 2024 12.4

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,650 SF
Building Class
C
Year Built
1950
Price
£911,004
Price Per SF
£196
Percent Leased
52%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.46
Land Acres
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 Route
  • Freeway Visibility
  • Signage
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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.®
Learn How It Works Detailed Scores

Nearby Major Retailers

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

PROPERTY TAXES

Parcel Number 19-05704-0000-00023 Improvements Assessment £48,633
Land Assessment £13,727 Total Assessment £62,361

PROPERTY TAXES

Parcel Number
19-05704-0000-00023
Land Assessment
£13,727
Improvements Assessment
£48,633
Total Assessment
£62,361
(201) 742-6118

  • Listing ID: 34097202

  • Date on Market: 05/12/2024

  • Last Updated:

  • Address: 2181 Springfield Ave, Vauxhall, NJ 07088

The Retail Property at 2181 Springfield Ave, Vauxhall, NJ 07088 is currently available For Sale. Contact Marcus & Millichap for more information.

Nearby Listings

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2181 Springfield Ave, Vauxhall NJ Ground Level (2 of 2)
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Value/Add - Springfield Ave Retail | 2181 Springfield Ave
(201) 742-6118 x

Value/Add - Springfield Ave Retail | 2181 Springfield Ave

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Alan Cafiero

(201) 742-6118

(201) 742-6118

David Cafiero

(201) 742-6115

(201) 742-6115

Dean Matuszewicz

(201) 742-6100

(201) 742-6100

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