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Listed by Michael Petrak Corcoran Sawyer Smith
$ 1,199,000
Est. payment /mo
Price Dropped by $201K
225-233 Central AVE East Orange, NJ 07018
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26020055
Style Retail
Property Sub-Type Retail
Property Description
Rare opportunity to acquire a newly constructed multi-tenant retail property located on highly trafficked Central Avenue in the heart of East Orange. This premier commercial asset features six storefront units, offering an attractive combination of immediate income and future upside potential. Existing leases include annual rent increases, creating built-in revenue growth while the remaining vacancies provide an opportunity to further enhance cash flow. Positioned along one of East Orange's primary commercial corridors, the property benefits from exceptional visibility, strong daily vehicle counts, and consistent pedestrian traffic. The modern construction, excellent storefront exposure, and prominent signage opportunities make this a standout investment in a growing market. Conveniently located near major highways and NJ Transit service, the property offers easy access to Newark, Hoboken, and New York City. Whether you are an investor seeking a value-add retail asset or an owner-user looking to establish a presence in a thriving commercial corridor, this property presents a unique opportunity to own a brand-new retail investment in one of East Orange's busiest business districts.
Location
State NJ
County Essex
Interior
Heating Electric
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