Three-Unit Downtown Retail
25 E Washington Avenue Unit 25 Washington, NJ 07822
25 E Washington Avenue Unit 25, Washington, NJ, 07822
$1,150,000
For Sale
$1,150,000
Retail building offers three subdivided units with improved storefront facade and display windows; 100% occupied.
Property Size7,700 SF
Price / SF$149.35
Days on Market400
Property Features for 25 E Washington Avenue Unit 25
General Information
- Standard status
- Active
- Size
- 7,700 SF
- Property subtype
- Retail
Listing agency
Coletta Commercial Realty
(732) 746-3051
Listed by
Nicholas D'Egidio
Source
Xome
Added: Jun 18, 2025 Updated: Jul 22 at 8:27AM Checked: Jul 22 at 8:27AM
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 Coletta Commercial Realty
Investment Insights
Based on property information with market context.
This retail investment property has been recently divided into three individual retail units, each supported by an improved front facade, display windows, and a common area lobby. The building is 100% occupied, with tenants including The Cellar Door, Nails By Diana, and Le Crepe Cafe.
Situated in the heart of downtown Washington, NJ’s business district, the property is described as walkable to nearby neighborhood retail, professional services, and entertainment.
For sale as a commercial retail asset, the offering is also noted as potentially suited for a 1031 exchange replacement.
Situated in the heart of downtown Washington, NJ’s business district, the property is described as walkable to nearby neighborhood retail, professional services, and entertainment.
For sale as a commercial retail asset, the offering is also noted as potentially suited for a 1031 exchange replacement.
Key Highlights
- Three subdivided retail units in downtown Washington, NJ’s Business District
- 100% occupied with tenants including The Cellar Door, Nails By Diana, and Le Crepe Cafe
- Recently divided into 3 units with improved front facade, display windows, and common area lobby
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $138.6k | $18.00 |
| − Vacancy | −$12.2k | −$1.58 |
| EGI | $126.4k | $16.42 |
| − OpEx | −$37.9k | −$4.92 |
| NOI | $88.5k | $11.49 |
7,700 SF · lease $18.00/SF/yr · vacancy 8.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.26M
$1.11M – $1.47M
NOI $88,482 @ 7.0% cap · market cap 7.69%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.90M
$2.54M – $3.39M
NOI $203,349 @ 7.0% cap · market cap 17.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Nails By Diana
Nail Salon
The Cellar Door
Home Decor Store
Le Crêpe Café
Cafe & Coffee Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Bilancia Designs — Northern, Washington, NJ 07882
FAQs
What type of property is this?
Storefront property - Retail building offers three subdivided units with improved storefront facade and display windows; 100% occupied.
Where is this storefront property located?
The property is located at 25 E Washington Avenue Unit 25 Washington, NJ.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Three subdivided retail units in downtown Washington, NJ’s Business District; 100% occupied with tenants including The Cellar Door, Nails By Diana, and Le Crepe Cafe; Recently divided into 3 units with improved front facade, display windows, and common area lobby
