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515 South Ave W
Westfield, NJ 07090
Watterson Circle Properties · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- LOCATION
- VALUE-ADD OPPORTUNITY
- HIGHEST VISIBILITY IN WESTFIELD
EXECUTIVE SUMMARY
ALL 3 BUILDINGS ON WATTERSON CIRCLE. CONSISTS OF LIONS ROAR BREWERY INCLUDING TWO-3 BEDROOM APARTMENTS ABOVE THE BREWERY (ADDRESS IS 517-519 SOUTH AVE WEST), PRESTIGE AUOT SALON PLUS PARKING LOT IN FRONT (ADDRESS IS 523 SOUTH AVE WEST) AND 515 SOUTH AVE WEST WHICH IS A 2,400 SQUARE FOOT BUILDING CONSISTING OF 1,200 SQUARE FEET OF OFFICE/RETAIL ON THE 1ST FLOOR AND 1,200 SQUARE FOOT 3 BEDROOM APARTMENT ON THE 2ND FLOOR PLUS A SMALL PARKING LOT AND DRIVEWAY.
LOCATION, LOCATION, LOCATION! HIGHEST VISIBILITY IN WESTFIELD!
LOCATION, LOCATION, LOCATION! HIGHEST VISIBILITY IN WESTFIELD!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,500 SF
Building Class
C
Year Built
2000
Price
$2,100,000
Price Per SF
$280
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.69
Lot Size
0.25 AC
Parking
12 Spaces (1.6 Spaces per 1,000 SF Leased)
Frontage
300’ on South Ave
PROPERTY TAXES
| Parcel Number | 20-03002-0000-00004 | Improvements Assessment | $698,500 |
| Land Assessment | $751,200 | Total Assessment | $1,449,700 |
PROPERTY TAXES
Parcel Number
20-03002-0000-00004
Land Assessment
$751,200
Improvements Assessment
$698,500
Total Assessment
$1,449,700
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