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Investment Highlights
- Can be used as either Auto Repair and/ or Auto Dealership on a large paved lot
- Property could potential be redevelopment
- Over $200,000 worth of garage equipment will be included in the sale
Executive Summary
Prime auto dealership and repair opportunity in a high-visibility location. Rare opportunity to acquire a turnkey automotive property in East Orange. Perfect for an owner-operator or investor looking for strong upside in a high-demand market. positioned on approximately .5 acres, this property offers the ideal setup for both auto sales and service, a powerful combination for maximizing revenue streams. Property highlights include 3-bay auto repair shop, half-acre lot (allowing significant car inventory and customer parking), and dual-income potential from operating both dealership and repair shop. Situated in a dense, urban market with consistent traffic exposure ideal for attracting both service and sales customers. Located near major transportation routes ensuring a steady customer base.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,800 SF
Building Class
C
Year Built
1955
Price
$1,600,000
Price Per SF
$888.89
Tenancy
Single
Building Height
1 Story
Loading Docks
3 Exterior
Slab To Slab
12’
Building FAR
0.09
Lot Size
0.45 AC
Parking
40 Spaces (5.84 Spaces per 1,000 SF Leased)
Frontage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Retailer | - | - | - |
Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 05-00482-0000-00014 | Improvements Assessment | $36,300 |
| Land Assessment | $353,700 | Total Assessment | $390,000 |
Property Taxes
Parcel Number
05-00482-0000-00014
Land Assessment
$353,700
Improvements Assessment
$36,300
Total Assessment
$390,000
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382 S Clinton St
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