Irvington Twp., NJ 07111,1400 Springfield Ave
Irvington Twp., NJ 07111,1400 Springfield Ave
Irvington Twp., NJ 07111,1400 Springfield Ave
Irvington Twp., NJ 07111,1400 Springfield Ave
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$ 1,099,000
Est. payment | /mo

6,200 SqFt


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$ 1,099,000
Est. payment | /mo
Save

6,200 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,200 sqft

Price per Sqft $177

Subdivision Upper Irvington

MLS Listing ID 3952833

Year Built 1931

Annual Tax Amount $27,706

Tax Year 2024

Lot Size 6,098 Sqft

Property Sub-Type Mixed Use

Property Description

Introducing 1400 Springfield Ave Shops, a fully stabilized neighborhood retail center in the Upper Irvington section of Irvington, NJ. This +6,200 SF building comprises 4 commercial leaseholds dba assorted local business types inclusive of food/tax/laundromat services, and is zoned B-4; General Business. Located along the I-78/Garden State Parkway corridor of East Essex County, this property boasts a 100% occupancy rate, presenting in-place cashflow for the discerning Core Plus long-term hold investor. With strategic county thoroughfare geography along Springfield Ave (approx. 42,258 VPD within 0.10 mile radius) adjacent to the suburban Maplewood border and rental income upside from below-market lease rates, this retail strip center asset offers a compelling investment proposition for continued financial growth.

Location

State NJ

County Essex

Zoning B-4

Interior

Heating Gas-Natural

Cooling See Remarks

Equipment Smoke Detector

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Electric, Gas-Natural

Roof Type Flat

Building

Story 1

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Listed by COLDWELL BANKER REALTY

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1400 Springfield Ave

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