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1989-2001 Springfield Ave 3,188 SF 10% Leased Retail Building Maplewood, NJ 07040 $1,700,000 ($533.25/SF)

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Executive Summary

High visibility corner retail location with a private parking lot in downtown Maplewood! The property is set up with 2 entrances so there could be multiple businesses in 1 location or can easily be converted into 2 separate storefronts. The interior was recently fully renovated with an open floor plan, ADA bathrooms, new lighting and new flooring. There is a door for loading on the left side of the building. Perfect for restaurants, retail, office or medical. The bus stop located directly outside of the building. 2885sf building,

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Freestanding

Building Size

3,188 SF

Building Class

Year Built

1975

Price

$1,700,000

Price Per SF

$533.25

Percent Leased

10%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.25

Lot Size

0.29 AC

Zoning

Parking

15 Spaces (5.2 Spaces per 1,000 SF Leased)

Frontage

200’ on Springfield

Corner Lot

Accent Lighting

Air Conditioning

Accommodation and Food Services
-
$9.99
Lorem Ipsum
-

Blimpie is an American submarine sandwich chain founded in 1964 in Hoboken, New Jersey by Tony Conza, Peter DeCarlo, and Angelo Baldassare. The company specializes in deli-style sandwiches, wraps, and salads and operates primarily through franchised locations. Blimpie is headquartered in Scottsdale, Arizona and is part of Kahala Brands, which itself is owned by MTY Food Group. Over the decades, Blimpie expanded nationwide and internationally, though its footprint has contracted significantly from its peak. Today, the brand continues to focus on fresh-sliced meats and a variety of sub sandwich offerings. Blimpie is privately held and maintains a presence in multiple U.S. states through its franchise network.