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Versatile Commercial Building in Irvington

87 Maple Ave, Irvington, NJ 07111

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For Sale

$489,000

Adaptable commercial building suitable for various uses in Irvington.

Type:Commercial

Property size:

2,800 SF

Price / SF:

$174/SF

HighLights

Versatile commercial building suitable for worship, warehouse, school, legal, or business office.
Conveniently located 2.5 blocks from Irvington Center Bus terminal and close to highways 78, 22, 21, and Garden State Parkway.
Spacious: 2,800 sq. ft. total (1,400 sq. ft. per floor).
Durable construction: Concrete floors, concrete block steel, and steel beams.
New flat rubber roof.
First floor loading/unloading capability with slide‑up garage door.

We can help!

Listing Contact

MARGARETTE ESTIL

For Sale

$489,000

Adaptable commercial building suitable for various uses in Irvington.

Type:Commercial

Property size:

2,800 SF

Price / SF:

$174/SF

Added:: Apr 10, 2025
Days on Market:: 441
Last Refresh:: Apr 5 at 9:18 pm

Property Features for 87 Maple Ave

General Information

Standard status: Active
Size: 2,800 SF
Property subtype: Commercial

Building Details

Year Built: 9999

We can help!

Listing Contact

MARGARETTE ESTIL

Listing agent MARGARETTE ESTIL

Listing office RE/MAX FIRST REALTY II

Listing date Apr 10, 2025

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX FIRST REALTY II

HighLights

Versatile commercial building suitable for worship, warehouse, school, legal, or business office.
Conveniently located 2.5 blocks from Irvington Center Bus terminal and close to highways 78, 22, 21, and Garden State Parkway.
Spacious: 2,800 sq. ft. total (1,400 sq. ft. per floor).
Durable construction: Concrete floors, concrete block steel, and steel beams.
New flat rubber roof.
First floor loading/unloading capability with slide‑up garage door.

Overview

This commercial building offers 2,800 square feet of space across two floors, presenting a versatile opportunity for various uses including worship, warehousing, schooling, or office purposes. The first floor features an open layout with concrete floors, 14-foot high ceilings, and steel beams, suitable for loading and unloading with a slide-up garage door. The second floor includes four rooms, two bathrooms, and a kitchenette. Constructed with concrete block and steel, the building has a flat rubber roof. Located approximately two and a half blocks from the Irvington Center Bus terminal, the property provides convenient access to highways 78, 22, 21, and the Garden State Parkway. The property is sold in "As Is" condition, and buyers are responsible for obtaining the Certificate of Occupancy.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$84.0k	$30.00
− Vacancy	−$26.9k	−$9.60
EGI	$57.1k	$20.40
− OpEx	−$14.3k	−$5.10
NOI	$42.8k	$15.30

2,800 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$612.0K

$535.5K – $714.0K (±1% cap)

NOI $42,840 @ 7.0% cap · market cap 8.76%

Second Best

Warehouse

$556.6K

$487.0K – $649.3K (±1% cap)

NOI $38,960 @ 7.0% cap · market cap 7.97%

Theoretical Best

Office A

$731.1K

$639.8K – $853.0K (±1% cap)

NOI $51,180 @ 7.0% cap · market cap 10.47%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Churches & religious facilities

Suggested Use

Location Insight

Map
Local Demand

City: Irvington
County: Essex
State: New Jersey
Longitude: -74.2236992
Latitude: 40.7251836

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What type of property is this?

Church & religious facility - Adaptable commercial building suitable for various uses in Irvington.

Where is this church & religious facility located?

The property is located at 87 Maple Ave Irvington, NJ.

What is the asking price?

The asking price for this property is $489,000.

What are key features of this property?

This property features: Versatile commercial building suitable for worship, warehouse, school, legal, or business office.; Conveniently located 2.5 blocks from Irvington Center Bus terminal and close to highways 78, 22, 21, and Garden State Parkway.; Spacious: 2,800 sq. ft. total (1,400 sq. ft. per floor).