Building Details

Year Built 1970

Listing Agency: Smires & Associates i***@smiresrealty.com Show Phone

Listed By: Salvatore Bua · License #1430436 Show Phone

Source: Cummingsrealtors

Added: Sep 22 Changed: Sep 24 Last Checked: Sep 24 at 2:42PM

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Investment Insights

Based on property information with market context.

This 784-square-foot retail space is in a building constructed in 1970. A minimum lease term of five years applies.

Route 31 is nearby, and surrounding businesses include Uncle Ed's, Boro Restaurant, Starbucks, Goodwill, Verizon, and Painters Loft. The property is at 157 W Delaware Avenue in Pennington, New Jersey.

Key Highlights

• 784 SF of retail space
• Building constructed in 1970
• Route 31 is nearby

Property Analytics

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Current Use

Ashton-Whyte By Appointment ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Real Estate Agency Furniture & Home Goods HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

308

Businesses Nearby

Explore this area Business Placement

Demographics for 08534, NJ

12,955

Population

5,107

Households

2.5

Avg Household Size

45

Median Age

72%

College-Educated

97%

High-School Grad

21.8 sq mi

ZIP Area

594

Density / Sq Mi

$180,491

Median Household Income

$94,154

Median Earnings

$2,106

Median Rent

$573,100

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - The space is part of an active commercial corridor with national and local retailers nearby.

Where is this retail space located?

The property is located at 157 W DELAWARE AVENUE Pennington, NJ.

What are key features of this property?

This property features: 784 SF of retail space; Building constructed in 1970; Route 31 is nearby