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1267 Route 23 5,516 SF Retail Building Wayne, NJ 07470 $1,350,000 ($244.74/SF)
Executive Summary
This exceptional retail building is strategically situated on the busy State Route 23, providing high visibility and traffic exposure. Located next to and across from major retailers, this property benefits from a robust consumer base. Just seconds away from Newark Pompton Turnpike and minutes to Route 80, accessibility is a key advantage. Additionally, it's in close proximity to the popular Preakness Valley Golf Course, attracting both local and visiting clientele. This ideal location is perfect for a variety of retail ventures looking to capitalize on significant foot traffic and surrounding amenities. Don't miss out on this opportunity!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
5,516 SF
Building Class
C
Year Built
1940
Price
$1,350,000
Price Per SF
$244.74
Tenancy
Single
Building Height
1 Story
Building FAR
0.46
Lot Size
0.28 AC
Zoning
4E - Commercial
Parking
8 Spaces (1.45 Spaces per 1,000 SF Leased)
Frontage
94’ on New Jersey 23
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-01413-0000-00032 | Improvements Assessment | $188,500 |
| Land Assessment | $199,200 | Total Assessment | $387,700 |
Property Taxes
Parcel Number
14-01413-0000-00032
Land Assessment
$199,200
Improvements Assessment
$188,500
Total Assessment
$387,700
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1267 Route 23
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