Customizable Spa
For Sale
Contact for pricing
129 S Plainfield Ave Unit 2, South Plainfield, NJ 07080
Private access, included utilities, and shared laundry support flexible wellness operations.
Property Size140 SF
Price / SF$10.36
Days on Market68
Property Features for 129 S Plainfield Ave Unit 2
General Information
Standard status
Active
Size
140 SF
Amenities
private entrance
24-hour access
utilities included
complimentary laundry room access
Listing Agency:
RE/MAX COMPETITIVE EDGE
Listed By:
DAHLIA MOYAL · License #1755687
(848) 459-5795
Source:
Goldstandardrealty
Added: Aug 10
Changed: Oct 11
Last Checked: Oct 7 at 4:37PM
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 COMPETITIVE EDGE
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Investment Insights
Based on property information with market context.
This 140-size suite is positioned within an established salon and can be configured around a wellness or personal-care practice. The space includes a private entrance, 24-hour access, included utilities, and access to a complimentary laundry room. An intimate salon setting provides a professional environment for service-oriented businesses.
The suite may accommodate a range of wellness and professional practices identified for the property, including massage therapy, aesthetics, Pilates or stretching, cosmetic services, consulting, dietetics, psychiatric care, acupuncture, and boutique chiropractic services. Ample parking is also provided for visitors and practitioners.
The suite may accommodate a range of wellness and professional practices identified for the property, including massage therapy, aesthetics, Pilates or stretching, cosmetic services, consulting, dietetics, psychiatric care, acupuncture, and boutique chiropractic services. Ample parking is also provided for visitors and practitioners.
Key Highlights
- 140‑size suite within an established salon
- Customizable layout for wellness and personal‑care businesses
- Private entrance with 24‑hour access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,085
Suggested Prices Based on Cap Rates
Cap Rate 5%
$41,700
$41.7K
Cap Rate 7%
$29,786
$29.8K
Cap Rate 9%
$23,167
$23.2K
Market Conditions
NOI Build-Up for 140 SF
Gross rent
$3.7K $26.40/SF
− Vacancy
−$222 −$1.58/SF
EGI
$3.5K $24.82/SF
− OpEx
−$1.4K −$9.93/SF
NOI
$2.1K $14.89/SF
Area
Middlesex County, NJ
Vacancy
6.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$41,700
Cap Rate 7%
$29,786
Cap Rate 9%
$23,167
Alternative Uses
Best Use
Office B
$30.6K
$26.8K – $35.7K
NOI $2,142 @ 7.0% cap · market cap 147.72%
Second Best
Healthcare Medical
$29.8K
$26.1K – $34.8K
NOI $2,085 @ 7.0% cap · market cap 143.79%
Theoretical Best
Office A
$36.6K
$32.0K – $42.7K
NOI $2,559 @ 7.0% cap · market cap 176.48%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
648
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 07080, NJ
24,261
Population
8,433
Households
2.9
Avg Household Size
41
Median Age
42%
College-Educated
93%
High-School Grad
8.2 sq mi
ZIP Area
2,959
Density / Sq Mi
$126,161
Median Household Income
$61,777
Median Earnings
$1,928
Median Rent
$444,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- The Creative Consciousness Studio — 125 Front St, South Plainfield, NJ 07080
Frequently Asked Questions
What type of property is this?
Spa & wellness property - Private access, included utilities, and shared laundry support flexible wellness operations.
Where is this spa & wellness property located?
The property is located at 129 S Plainfield Ave Unit 2 South Plainfield, NJ.
What are key features of this property?
This property features: 140‑size suite within an established salon; Customizable layout for wellness and personal‑care businesses; Private entrance with 24‑hour access
