Stabilized Retail Office
111 W 2nd Ave Roselle, NJ 07203
111 W 2nd Ave, Roselle, NJ, 07203
Contact for pricing
For Sale
Contact for pricing
Pending
Stabilized, fully occupied 7-tenant retail/office building with basement storage and multiple tenant access points.
Days on Market102
Property Features for 111 W 2nd Ave
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
eXp Realty Montclair
Listed by
William Beck · License #NJ
Source
Crexi
Added: Apr 12 Updated: Jul 22 at 2:15PM Checked: Jul 22 at 2:15PM
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Investment Insights
Based on property information with market context.
This stabilized 7-unit commercial retail/office building is currently fully occupied with tenants in good standing. The property was significantly renovated in 1994, with a two-story expansion added in 2004. The building includes basement storage and utility support areas, including an available basement storage area plus a split between current tenants, with both interior access between tenants and exterior access via Bilco doors.
The owner-managed structure includes current expense handling for taxes and insurance, and repairs above $400. Tenant mix at present includes a seafood store, salon, barbershop, cash checking, credit repair, tutoring business, and a private nursing business.
A basement storage area of approximately 3,000 square feet is available, with unique unit access and exterior basement access designed to support day-to-day operations for the existing tenants.
The owner-managed structure includes current expense handling for taxes and insurance, and repairs above $400. Tenant mix at present includes a seafood store, salon, barbershop, cash checking, credit repair, tutoring business, and a private nursing business.
A basement storage area of approximately 3,000 square feet is available, with unique unit access and exterior basement access designed to support day-to-day operations for the existing tenants.
Key Highlights
- Stabilized 7‑unit retail/office building in downtown Roselle, fully occupied with 7 tenants in good standing
- Current monthly rent roll of $10.5k
- Renovated in 1994, with a two‑story expansion added in 2004
Property Analytics
Location Intelligence
Current Use by Public Records
Daniel Costanzo
Specialty Food Shop
Sacred Wellness & Beauty
Physician
Alman Liquors
Specialty Food Shop
Tammy Holmes
Physician
Roselle Seafood
Specialty Food Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Avatar Management LLC Plaza — 121 Chestnut St, Roselle, NJ 07203
FAQs
What type of property is this?
Shopping center - Stabilized, fully occupied 7-tenant retail/office building with basement storage and multiple tenant access points.
Where is this shopping center located?
The property is located at 111 W 2nd Ave Roselle, NJ.
What are key features of this property?
This property features: Stabilized 7‑unit retail/office building in downtown Roselle, fully occupied with 7 tenants in good standing; Current monthly rent roll of $10.5k; Renovated in 1994, with a two‑story expansion added in 2004