Listing Agency: RE/MAX Fortune Properties

Listed By: Shin Chung · License #0340510 Show Phone

Source: Capmarkrealty

Added: Mar 5 Changed: Oct 9 Last Checked: Oct 23 at 4:07AM

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Investment Insights

Based on property information with market context.

This is a 3,000-square-foot retail property situated on a 19,998-square-foot lot. Currently operating as a Korean Tae Kwon Do school, the property is zoned B-1. Originally configured as two storefronts, it has been renovated into a single unit. The property includes 16 parking spaces. It is available for sale or for lease.

Key Highlights

• 3,

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Daycare Center Catering Service Acupuncture Storage Facility

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

832

Businesses Nearby

51k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 66% Dining 18% Apparel 16%

QuickChek Shops & Services

11,149 visits/mo 0.2 miles

Dunkin' Donuts Dining

9,119 visits/mo 0.1 miles

Goodwill Apparel

8,295 visits/mo 0.3 miles

Chase Bank Shops & Services

7,726 visits/mo 0.2 miles

AutoZone Shops & Services

7,131 visits/mo 0.3 miles

Demographics for 08805, NJ

13,948

Population

5,524

Households

2.5

Avg Household Size

37

Median Age

33%

College-Educated

86%

High-School Grad

2.9 sq mi

ZIP Area

4,810

Density / Sq Mi

$84,201

Median Household Income

$41,874

Median Earnings

$1,859

Median Rent

$393,900

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

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Frequently Asked Questions

What type of property is this?

Retail space - Retail property for sale or lease in Bound Brook.

Where is this retail space located?

The property is located at 241 W Union Avenue Bound Brook, NJ.

What are key features of this property?

This property features: 3,