Downtown Washington Retail Investment
25 E Washington Avenue Washington, NJ 07822
25 E Washington Avenue, Washington, NJ, 07822
$1,150,000
For Sale
$1,150,000
Prime commercial retail property in downtown Washington, NJ.
Property Size7,700 SF
Price / SF$149.35
Days on Market316
Property Features for 25 E Washington Avenue
General Information
- Standard status
- Active
- Size
- 7,700 SF
- Property subtype
- Commercial
Listing Agency
COLETTA COMMERCIAL REALTY
(732) 746-3051
Listed by
NICHOLAS D'EGIDIO
Source
Corcoran
Added: Sep 9, 2025 Updated: Jul 10 at 3:47 pm Checked: Jul 20 at 3:59 am
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 commercial retail investment property is located in the heart of the business district of downtown Washington, New Jersey. The property is 100% occupied with a tenant mix that includes The Cellar Door, Nails By Diana, and Le Crepe Cafe. The property was recently divided into 3 individual retail units featuring an improved front facade, display windows, and a common area lobby. The location is walkable to neighborhood retail, professional services, and entertainment. The property has 7,700 square feet and is priced at $160 per square foot with under market rents.
Key Highlights
- Prime Commercial Retail Investment Property in the heart of downtown Washington, NJ's Business District.
- 100% occupied with excellent tenant mix including The Cellar Door, Nails By Diana and Le Crepe Cafe.
- Under market rents offer significant upside potential.
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
Property Profile
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 - Prime commercial retail property in downtown Washington, NJ.
Where is this storefront property located?
The property is located at 25 E Washington Avenue 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: Prime Commercial Retail Investment Property in the heart of downtown Washington, NJ's Business District.; 100% occupied with excellent tenant mix including The Cellar Door, Nails By Diana and Le Crepe Cafe.; Under market rents offer significant upside potential.
