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- LoopNet Team
1178 Preakness Ave
Wayne, NJ 07470
1178 Preakness Avenue · Land For Sale
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1.10 AC
INVESTMENT HIGHLIGHTS
- See LoopNet listing for 560-600 VALLEY RD , WAYNE, NJ 07470 for TRAFFIC and adjacent property info (link below)
PROPERTY FACTS
DESCRIPTION
The property is in the downtown heart of Wayne, adjacent to a retail center which includes a new Whole Foods, a Valley Bank branch and a variety of other retail storefronts. The mall is also located directly across from the Township of Wayne Municipal Complex, the Wayne Valley High School, Department of Transportation, Wayne Police headquarters, several commercial office buildings, a gas station, several large houses of worship, and NJ Transit bus stops. The property is centrally located within the Township of Wayne, with a state university, large hospital complex, large apartment / condo complexes, hotels, retail centers, large class A corporate offices, as well as commercial and industrial areas – all roughly within a 2-mile radius. There is a 2,000 sf structure that was fully gutted and renovated in 2020/2021, including new HVAC, plumbing and electric. Current Zoning is R-15 (Section 134-34) which permits among other uses, potentially child care centers and professional offices. Alternate use subject to zoning change which owner may be open to exploring. KINDLY CONTACT OWNER DIRECT below
