Six-Room Spa & Wellness
For Sale
Contact for pricing
2300 Woodbridge Ave Unit 1, Edison, NJ 08817
Six-room layout combines reflexology office functions with retail space.
Property Size1,340 SF
Price / SF$1.72
Days on Market83
Property Features for 2300 Woodbridge Ave Unit 1
General Information
Standard status
Active
Size
1,340 SF
Building Details
Year Built
1947
Listing Agency:
AMERICA AGENCY
Listed By:
LOUIS TRENTA
(732) 985-7894
Source:
Luminancerealty
Added: Jul 26
Changed: Oct 14
Last Checked: Oct 5 at 9:11PM
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 AMERICA AGENCY
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Investment Insights
Based on property information with market context.
Located at 2300 Woodbridge Ave Unit 1 in Edison, New Jersey, this spa and wellness property offers 1,340 square feet arranged across six rooms. The configuration includes a reflexology office and retail component, supporting a combination of service and product-based operations.
The property was built in 1947. Taxes, water, and sewer are included, while the tenant is responsible for gas and electric expenses.
The property was built in 1947. Taxes, water, and sewer are included, while the tenant is responsible for gas and electric expenses.
Key Highlights
- 1,340‑square‑foot spa and wellness property
- Six‑room interior configuration
- Includes a reflexology office and retail component
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,741
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,820
$374.8K
Cap Rate 7%
$267,729
$267.7K
Cap Rate 9%
$208,233
$208.2K
Market Conditions
NOI Build-Up for 1,340 SF
Gross rent
$28.9K $21.60/SF
− Vacancy
−$2.2K −$1.62/SF
EGI
$26.8K $19.98/SF
− OpEx
−$8.0K −$5.99/SF
NOI
$18.7K $13.99/SF
Area
Edison, NJ
Vacancy
7.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,820
Cap Rate 7%
$267,729
Cap Rate 9%
$208,233
Alternative Uses
Best Use
Office B
$312.7K
$273.6K – $364.8K
NOI $21,889 @ 7.0% cap · market cap 951.70%
Second Best
Retail
$267.7K
$234.3K – $312.4K
NOI $18,741 @ 7.0% cap · market cap 814.83%
Theoretical Best
Office A
$434.3K
$380.0K – $506.7K
NOI $30,400 @ 7.0% cap · market cap 1,321.74%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08817, NJ
48,243
Population
17,260
Households
2.8
Avg Household Size
37
Median Age
49%
College-Educated
91%
High-School Grad
10.6 sq mi
ZIP Area
4,551
Density / Sq Mi
$109,734
Median Household Income
$54,631
Median Earnings
$1,946
Median Rent
$411,100
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- HK Super Acupuncture — 100 plainfield ave #4c, edison, nj 08817
- HK Acupuncture — 100 Plainfield Ave # 4C, Edison, NJ 08817
Frequently Asked Questions
What type of property is this?
Spa & wellness property - Six-room layout combines reflexology office functions with retail space.
Where is this spa & wellness property located?
The property is located at 2300 Woodbridge Ave Unit 1 Edison, NJ.
What are key features of this property?
This property features: 1,340‑square‑foot spa and wellness property; Six‑room interior configuration; Includes a reflexology office and retail component
