1400 Springfield Ave Irvington, NJ 07111
Fully occupied retail center with in-place cashflow in Irvington, NJ.
Source: Coldwell Banker, Upper Montclair
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Stabilized Retail Center For Sale
The property at 1400 Springfield Ave in Irvington, NJ, is a fully stabilized neighborhood retail center located in the Upper Irvington section. The building has a total area of 6,200 square feet and is zoned B-4; General Business. It comprises 4 commercial leaseholds operating as local businesses, including food, tax, and laundromat services. The property is situated along the I-78/Garden State Parkway corridor of East Essex County, with a location on Springfield Avenue where the traffic volume is approximately 42,258 vehicles per day within a 0.10-mile radius. The retail strip center is adjacent to the suburban Maplewood border. The property is currently 100% occupied, providing in-place cash flow. The property offers rental income upside from below-market lease rates, presenting a compelling investment proposition for continued financial growth.
Insight Report
Location Intelligence
Current Use by Public Records
Adonai Bakery
Bakery
Location Insight
- Map
- Local Demand
- City
- Irvington
- County
- Essex
- State
- New Jersey
- Longitude
- -74.2475505
- Latitude
- 40.7239259
Nearby Similar for Sale
FAQs
What type of property is this?
Strip mall - Fully occupied retail center with in-place cashflow in Irvington, NJ.
Where is this strip mall located?
The property is located at 1400 Springfield Ave Irvington, NJ.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: - 100% Occupancy Rate: Provides immediate, in-place cash flow.; - Strategic Location: Situated on Springfield Ave with high traffic volume (approx. 42,258 VPD).; - Core Plus Investment Opportunity: Ideal for long-term hold investors.