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556 Main St
Orange, NJ 07050
Value-Add | Lender-Owned Mixed Use · Retail Property For Sale

Investment Highlights

  • Seller Financing Available - For financing inquiries please contact Broker David Bartz at (551)-208-4864.
  • Incredible value-add opportunity lies within the asset - currently has three tenants occupying the first floor with all rents below market & expiring.
  • Located in a dense retail area w/ many recognizable tenants nearby including Bank of America, McDonald’s, ShopRite, Taco Bell, & Wawa.
  • Prime opportunity to acquire a 10,650 SF, two-story mixed-use building situated along busy Main Street in Orange, New Jersey.
  • 5,000+ SF Second floor is unoccupied and has the ability to be converted to offices or apartments.
  • Excellent surrounding 3-mile demographics as there are over 281,000 residents with an average household income surpassing $94,000.

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,000 SF
Building Class
C
Year Built
1970
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.91
Lot Size
0.12 AC
Zoning
C-1A - zoned retail, warehouse, flex
Parking
2 Spaces (0.2 Spaces per 1,000 SF Leased)
Frontage
33’ on Main St

Amenities

  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
17-02502-0000-00014
Land Assessment
$298,900
Improvements Assessment
$448,400
Total Assessment
$747,300
  • Listing ID: 27553549

  • Date on Market: 1/20/2023

  • Last Updated:

  • Address: 556 Main St, Orange, NJ 07050

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