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Mixed-Use Bldg w/Value-Add Potential 146 E Front St 13,700 SF Retail Building Plainfield, NJ 07060 For Sale
Investment Highlights
- Prime location - high foot traffic, excellent visibility, convenient location
- Expansion Opportunity - potential for expansion or redevelopment
- 2 Blocks to Plainfield Train Station
- Strong Tenant base - Two retail spaces and two residential units currently leased
- Convenient access to public transportation (NJ Transit bus and train)
Executive Summary
High foot traffic, mixed use retail/residential building located in Central Business District on the NJ Transit bus line, 2-blocks to train. This prime Plainfield investment opportunity is packed with potential! Ideal for an investor looking for a combination of stable income and future growth potential. Building has two retail tenants on the ground floor, available office space on the second floor, and two residential tenants on the third floor.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
13,700 SF
Building Class
C
Year Built/Renovated
1900/2018
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.57
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
CBD - Zoning allows for a variety of uses including retail, office, and residential
Frontage
45’ on Front Street
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Hot Spot
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Hot Spot | - | - | - | - |
Exceptionally walkable
100/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 12-00316-0000-00009 | Improvements Assessment | $178,800 |
| Land Assessment | $122,200 | Total Assessment | $301,000 |
Property Taxes
Parcel Number
12-00316-0000-00009
Land Assessment
$122,200
Improvements Assessment
$178,800
Total Assessment
$301,000
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Mixed-Use Bldg w/Value-Add Potential | 146 E Front St
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