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Investment Highlights

  • A lot of traffic, Near high school.

Executive Summary

3,000 sqft of retail property for sale, currently using as Korean Tae Kwon Do School, 19,998 sqft of land, 16 parking space on premises,
B-1 zoned, originally two store fronts but completely renovated and made one store now. Possible to re-instate with two store fronts.
For sale at $1,008,000 or For rent at $8,000 month.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,000 SF
Building Class
C
Year Built/Renovated
1960/2022
Price
$995,000
Price Per SF
$331.67
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.46 AC
Zoning
B1 - B-1 Zoned
Parking
16 Spaces (5.33 Spaces per 1,000 SF Leased)
Frontage
100’ on Union Ave

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Tae Kwon Do School
  • Arts, Entertainment, and Recreation
  • 3,000 SF
  • -
  • Triple Net
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Tae Kwon Do School Arts, Entertainment, and Recreation 3,000 SF - Triple Net -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 101, 102
  • 1,500-3,000 SF
  • Retail
  • -
  • Now

3,000 sqft of retail space for rent, currently using as Korean Tae Kwon Do School, 19,998 sqft of land, 16 parking space on premises, B-1 zoned, originally was two stores front but completely renovated as made a one store now.

Space Size Space Use Position Available
101, 102 1,500-3,000 SF Retail - Now

101, 102

Size
1,500-3,000 SF
Space Use
Retail
Position
-
Available
Now

101, 102

Size 1,500-3,000 SF
Space Use Retail
Position -
Available Now

3,000 sqft of retail space for rent, currently using as Korean Tae Kwon Do School, 19,998 sqft of land, 16 parking space on premises, B-1 zoned, originally was two stores front but completely renovated as made a one store now.

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Chase Bank
Valley National Bank
Bank of America
Starbucks
ShopRite
Trader Joe's
Applebee's
The Habit Burger Grill
Nathan's Famous
Club Pilates

Property Taxes

Property Taxes

Parcel Number
04-00075-0000-00017
Land Assessment
$390,000
Improvements Assessment
$275,000
Total Assessment
$665,000
  • Listing ID: 30879127

  • Date on Market: 2/5/2024

  • Last Updated:

  • Address: 241 W Union Ave, Bound Brook, NJ 08805

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