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28,600 sq. ft. retail center available 1661 N Olden Ave 28,600 SF 70% Leased Retail Building Ewing, NJ 08638 $2,900,000 ($101.40/SF)

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Executive Summary

Excellent location surrounded by major retailers including dealerships and fast-food establishments along major corridor in Ewing Township. 28,600 sq. ft. building currently demised into 3 stores with The Sneaker Outlet on one end and Regency Furniture on the opposite end. One story block building with flat membrane roof, 30 parking spaces, steel truss throughout for easy fit-out, large storage area in the rear of the building that goes the span of the building for storage and access. The middle unit is currently vacant and could be demised into two units or keep as one large unit. The owner currently occupies the 17,000 sq. ft. Sneaker Outlet, which is 2 large units, combined, open area retail with 12-14 Ft ceilings throughout. This is a great opportunity for users looking for large retail location of 28,600 sq. ft. or demise the space into stores and make one large center. Great exposure and high traffic area with ingress / egress onto Olden Ave.. Could be a prime development site for end user/ developer. Also for lease at $11/ sq. ft. . Call for more information and tours.

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Building Size

28,600 SF

Building Class

Year Built

1950

Price

$2,900,000

Price Per SF

$101.40

Percent Leased

70%

Tenancy

Multiple

Building Height

1 Story

Loading Docks

1 Exterior

Building FAR

0.74

Lot Size

0.89 AC

Zoning

B-H - Highway Business zoning allows for a variety of retail and office uses. Call for additional details.

Parking

30 Spaces (1.05 Spaces per 1,000 SF Leased)

Frontage

275’ on Olden Avenue Ext

Air Conditioning

Major Tenants

Retailer
5,000 SF
-
TBD
-

Regency Furniture Showrooms is a furniture retail company operating large-format showrooms throughout the Mid-Atlantic region. The company was founded in 1999 as a family-owned business and is headquartered in Brandywine, Maryland. Regency Furniture sells a broad assortment of home furnishings, including living room, dining room, bedroom, home office furniture, mattresses, and home accessories, sourced from both domestic and international manufacturers. The company’s operating model centers on regional showrooms supported by distribution and warehouse facilities, allowing inventory to be delivered directly to customers from company-controlled supply locations. Regency Furniture serves markets across Maryland, Virginia, Pennsylvania, and select Northeastern states through company-operated retail locations rather than franchised stores.