Retail Space in Redevelopment
For Sale
Contact for pricing
1543 Parkway Avenue, Ewing, NJ 08628
Retail property positioned within the Park Avenue Redevelopment zone benefiting from surrounding mixed-use development growth.
Property SizeContact for details
Days on Market120
Property Features for 1543 Parkway Avenue
General Information
Standard status
Active
Property subtype
Retail, Special Purpose
Listing Agency:
Simone Realty Inc
Listed By:
John Mastrosimone · License #NJ 7802290
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 11:56AM
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 Simone Realty Inc
Investment Insights
Based on property information with market context.
The subject retail property is surrounded by three large tracts of land included in the Park Avenue Redevelopment zone. The area described in the redevelopment effort includes a major mixed-use transformation of the former General Motors assembly plant site, incorporating 350,000 square feet of retail and commercial space along with 1,182 new housing units.
As outlined in the offering remarks, a buyer of the subject property is intended to benefit from the long-standing success of the business operating at the property, along with an expanded demographic of new consumers and residents associated with the Town Center development.
Overall, this is a retail space located within a broader redevelopment plan that combines retail, commercial, and residential components in the same growth area.
As outlined in the offering remarks, a buyer of the subject property is intended to benefit from the long-standing success of the business operating at the property, along with an expanded demographic of new consumers and residents associated with the Town Center development.
Overall, this is a retail space located within a broader redevelopment plan that combines retail, commercial, and residential components in the same growth area.
Key Highlights
- Retail property located within the Park Avenue Redevelopment zone.
- Surrounded by three large tracts of land in the Park Avenue Redevelopment zone.
- Nearby Town Center project under development includes 350,000 SF of retail and commercial space.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
479
Businesses Nearby
Explore this area
Business Placement
Demographics for 08628, NJ
10,310
Population
4,539
Households
2.3
Avg Household Size
45
Median Age
57%
College-Educated
97%
High-School Grad
7.7 sq mi
ZIP Area
1,339
Density / Sq Mi
$101,075
Median Household Income
$74,146
Median Earnings
$1,661
Median Rent
$358,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Retail property positioned within the Park Avenue Redevelopment zone benefiting from surrounding mixed-use development growth.
Where is this retail space located?
The property is located at 1543 Parkway Avenue Ewing, NJ.
What are key features of this property?
This property features: Retail property located within the Park Avenue Redevelopment zone.; Surrounded by three large tracts of land in the Park Avenue Redevelopment zone.; Nearby Town Center project under development includes 350,000 SF of retail and commercial space.
