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25 E Washington Ave 7,871 SF 100% Leased Retail Building Washington, NJ 07882 $1,250,000 ($158.81/SF)
INVESTMENT HIGHLIGHTS
- Downtown Business District
- New Front Facade
- 100% Occupied
EXECUTIVE SUMMARY
Prime commercial retail investment property in the heart of downtown Washington, NJ's Business District. 100% Occupied with excellent tenant mix including The Cellar Door, Nails By Diana and Le Crepe Cafe. Property was recently divided into 3 individual retail units with improved front facade, display windows and common area lobby. Walkable location to neighborhood retail, professional services and entertainment. Property is priced at $160/sf with under market rents and potential for 1031 exchange replacement.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,871 SF
Building Class
B
Year Built/Renovated
1940/2007
Price
$1,250,000
Price Per SF
$158.81
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.98
Lot Size
0.09 AC
Zoning
B-2 - Business District
Frontage
AMENITIES
- Bus Line
- Freeway Visibility
- Signage
- Signalized Intersection
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Le Crepe Cafe
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
- -
- Nails By Diana
- Services
-
99,999 SF
- -
-
Lorem Ipsum
- -
- The Cellar Door
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Le Crepe Cafe | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | - | |
| Nails By Diana | Services | 99,999 SF | - | Lorem Ipsum | - | |
| The Cellar Door | Retailer | 99,999 SF | - | Lorem Ipsum | - |
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 21-00094-01-00005 | Improvements Assessment | $316,400 |
| Land Assessment | $38,800 | Total Assessment | $355,200 |
PROPERTY TAXES
Parcel Number
21-00094-01-00005
Land Assessment
$38,800
Improvements Assessment
$316,400
Total Assessment
$355,200
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25 E Washington Ave
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