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- LoopNet Team
150 Terrill Rd
Plainfield, NJ 07062
Retail Property For Sale

PROPERTY FACTS
- Restaurant
- General Retail Fast Food
- General Retail Freestanding
- General Retail Storefront Retail/Office
- 120’ on Terrill Rd
- 76’ on Edwin Pl
AMENITIES
- Pylon Sign
- Signage
ABOUT 150 TERRILL RD , PLAINFIELD, NJ 07062
Exciting opportunity to own a freestanding mixed use building in a highly desirable area of Plainfield NJ. Down the street from RT 22 and across the street from Scotch Plains NJ. Property is vacant and in need of some work. Projected cap rate for an investor is 12% but also is an excellent property for a restaurant operator to occupy the first floor and rent the 2nd floor apartment. Property is in need of some work hence the price. Amazing exposure and perfect for a owner occupant that wants to own their building rather than pay rent. Environmental is clean. Property Taxes are now $10,000/year after tax appeal. Property is currently vacant and rents are projected.
LINKS
PROPERTY TAXES
| Parcel Number | 12-00444-0000-00005 | Improvements Assessment | $40,700 |
| Land Assessment | $90,300 | Total Assessment | $131,000 |
PROPERTY TAXES
Listing ID: 13314571
Date on Market: 7/28/2018
Last Updated:
Address: 150 Terrill Rd, Plainfield, NJ 07062
The Retail Property at 150 Terrill Rd, Plainfield, NJ 07062 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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