Three-Unit Retail
For Sale
$1,150,000
25 E Washington Ave, Washington, NJ 07822
Fully occupied storefront property with three retail units, updated display windows, and a shared customer lobby.
Property Size7,700 SF
Price / SF$149.35
Days on Market48
Property Features for 25 E Washington Ave
General Information
Standard status
Active
Size
7,700 SF
Occupancy
100%
Amenities
improved front facade
display windows
common area lobby
Building Details
Tenancy
Multi
Listing Agency:
Coletta Commercial Realty
Listed By:
Nicholas D'Egidio
(267) 254-3743
Source:
Soldbypattie
Added: Sep 11
Changed: Oct 25
Last Checked: Oct 7 at 4:50PM
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
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Investment Insights
Based on property information with market context.
This 7,700-square-foot storefront property contains three separately configured retail units within an updated commercial presentation. Improvements include a refreshed front facade, display windows, and a shared lobby serving the individual spaces. Current occupants are The Cellar Door, Nails By Diana, and Le Crepe Cafe, and the property is reported as 100% occupied.
The building is located at 25 E Washington Ave in downtown Washington, NJ’s Business District. Its setting provides walkable access to neighborhood retail, professional services, and entertainment. The existing layout combines multiple retail suites with a common customer-facing area, offering a clearly defined storefront configuration for commercial ownership or occupancy.
The building is located at 25 E Washington Ave in downtown Washington, NJ’s Business District. Its setting provides walkable access to neighborhood retail, professional services, and entertainment. The existing layout combines multiple retail suites with a common customer-facing area, offering a clearly defined storefront configuration for commercial ownership or occupancy.
Key Highlights
- 7,700‑square‑foot retail property divided into 3 individual units
- 100% occupied by The Cellar Door, Nails By Diana, and Le Crepe Cafe
- Updated front facade with display windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,482
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,769,640
$1.8M
Cap Rate 7%
$1,264,029
$1.3M
Cap Rate 9%
$983,133
$983.1K
Market Conditions
NOI Build-Up for 7,700 SF
Gross rent
$138.6K $18.00/SF
− Vacancy
−$12.2K −$1.58/SF
EGI
$126.4K $16.42/SF
− OpEx
−$37.9K −$4.92/SF
NOI
$88.5K $11.49/SF
Area
Warren County, NJ
Vacancy
8.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,769,640
Cap Rate 7%
$1,264,029
Cap Rate 9%
$983,133
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 authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
634
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 07822, NJ
981
Population
338
Households
2.9
Avg Household Size
44
Median Age
28%
College-Educated
93%
High-School Grad
7.4 sq mi
ZIP Area
133
Density / Sq Mi
$106,250
Median Household Income
$55,139
Median Earnings
$421,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Bilancia Designs — Northern, Washington, NJ 07882
Frequently Asked Questions
What type of property is this?
Storefront property - Fully occupied storefront property with three retail units, updated display windows, and a shared customer lobby.
Where is this storefront property located?
The property is located at 25 E Washington Ave 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: 7,700‑square‑foot retail property divided into 3 individual units; 100% occupied by The Cellar Door, Nails By Diana, and Le Crepe Cafe; Updated front facade with display windows
