Introducing 1400 Springfield Ave Shops, a fully stabilized neighborhood retail center in the Upper Irvington section of Irvington, NJ. This +6,200 SF building comprises 4 commercial leaseholds dba assorted local business types inclusive of food/tax/laundromat services, and is zoned B-4; General Business. Located along the I-78/Garden State Parkway corridor of East Essex County, this property boasts a 100% occupancy rate, presenting in-place cashflow for the discerning Core Plus long-term hold investor. With strategic county thoroughfare geography along Springfield Ave (approx. 42,258 VPD within 0.10 mile radius) adjacent to the suburban Maplewood border and rental income upside from below-market lease rates, this retail strip center asset offers a compelling investment proposition for continued financial growth.
6,200 Sq Ft
6,098.4 Sq Ft Exterior Space
Commercial
$27,706 Annual Tax
Built in 1931
MLS/Listing ID 3952833
1 Stories
4 Units
Listing Courtesy of COLDWELL BANKER REALTY, PAUL E. WASHINGTON
Source of Data: GARDEN STATE MLS