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Two-Unit Downtown Retail Space
New
For Lease
$4,999/Mo Modified Gross

321 South Avenue W, Westfield, NJ 07090

Commercial Sale, Westfield, NJ

Space SizeContact for details
Lot Size0.42 Acres
Days on Market2

Property Features for 321 South Avenue W

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial G
Parking 20
Lot features Near Train
Directions Opposite Westfield Station S Ave West
Standard status Active
APN 2003004000000001
Size 7,533 SF
Lot size 0.42 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 44980

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1915
Floors in Building 1
Flooring type Carpet, Concrete
Roof type Flat
Listing Agency: KELLER WILLIAMS ELITE REALTORS · Keller Williams Realty
Listed By: Kiran Mali
Added: Sep 26 Last Checked: Sep 27 at 4:06PM
MLS# 2705248R

Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Two vacant retail and service suites are offered in a multi-tenant building at 321 South Avenue W. Unit A measures about 750 square feet and has a private bathroom; its hall and room can be combined into approximately 650 square feet of usable space. Unit B is about 400 square feet and currently has no bathroom. Each suite has a separate entrance. The building dates to 1915 and has forced-air heating and central air conditioning.

The property is across from the Westfield NJ Transit train station in downtown Westfield. A shared parking lot is located behind the building. Commercial General zoning applies; prospective occupants should confirm specific uses with the Township. The modified gross lease structure includes pro-rata tenant reimbursement of real estate taxes, sewer tax, and building insurance.

Key Highlights

  • Unit A is about 750 SF and includes a private bathroom
  • Unit B is about 400 SF and currently has no bathroom
  • Commercial General zoning; confirm specific use with the Township

Property Analytics

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Current Use

Splash of Thai Restaurant Westfield Station Parking Lot & Garage

Suggested Use

Top Pick Auto Parts Store Hotel & Motel (Bike/Boat/Book/etc) Store Computer & Electronic Repair Grocery & Convenience Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

2,705
Businesses Nearby
26k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 88% Shops & Services 12%
Stop & Shop Groceries
22,563 visits/mo 0.4 miles
Mavis Discount Tire Shops & Services
3,001 visits/mo 0.5 miles

Demographics for 07090, NJ

31,056
Population
11,093
Households
2.8
Avg Household Size
41
Median Age
77%
College-Educated
98%
High-School Grad
6.7 sq mi
ZIP Area
4,635
Density / Sq Mi
$212,700
Median Household Income
$106,123
Median Earnings
$2,211
Median Rent
$930,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Two vacant commercial suites sit across from the Westfield NJ Transit station, with shared rear parking.
Where is this retail space located?
The property is located at 321 South Avenue W Westfield, NJ.
What is the lease rate?
The lease rate is $4,999/Mo.
What are key features of this property?
This property features: Unit A is about 750 SF and includes a private bathroom; Unit B is about 400 SF and currently has no bathroom; Commercial General zoning; confirm specific use with the Township
More about this property
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