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Mixed-Use Retail Restaurant Building
For Sale
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524 William St, East Orange, NJ 07017

Building with storefront space leased to two month-to-month tenants, plus a large back room and full unfinished basement.

Property SizeContact for details
Days on Market122

Property Features for 524 William St

General Information

Standard status Active
Property subtype Retail
Listing Agency: Berkshire Hathaway HomeServices Jordan Baris Realty
Listed By: Ellen Quentzel · License #NJ0787549
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 11:28AM

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 Berkshire Hathaway HomeServices Jordan Baris Realty

Investment Insights

Based on property information with market context.

This property includes storefront space currently leased to two long-term tenants on a month-to-month basis: a barbershop and a restaurant. In addition to the existing frontages, there is a large room at the back of the building that spans the rear, offering space that could support additional income. A full unfinished basement is also included.

The site has a driveway and a small garage, providing practical on-site access for tenants and visitors.

Overall, the building presents a straightforward retail and restaurant configuration with extra back-room space and an unfinished basement that expands the area available for future use.

Key Highlights

  • Storefront building with space leased to two long‑term tenants on month‑to‑month basis
  • Barber shop rent: $785/month (month‑to‑month)
  • Restaurant rent: $3,000/month (month‑to‑month)

Property Analytics

Current Use

B&B African Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Pet Grooming Service (Bike/Boat/Book/etc) Store Florist Butcher Carpet & Flooring Store

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

1,547
Businesses Nearby
42k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
BP Shops & Services
13,899 visits/mo 0.5 miles
7-Eleven Shops & Services
13,216 visits/mo 0.3 miles
Family Dollar Shops & Services
11,065 visits/mo 0.5 miles
U-Haul Shops & Services
2,702 visits/mo 0.4 miles
Advance Auto Parts Shops & Services
719 visits/mo 0.5 miles

Demographics for 07017, NJ

39,054
Population
16,770
Households
2.3
Avg Household Size
37
Median Age
22%
College-Educated
88%
High-School Grad
2.3 sq mi
ZIP Area
16,980
Density / Sq Mi
$61,552
Median Household Income
$39,847
Median Earnings
$1,346
Median Rent
$316,700
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
Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Storefront property - Building with storefront space leased to two month-to-month tenants, plus a large back room and full unfinished basement.
Where is this storefront property located?
The property is located at 524 William St East Orange, NJ.
What are key features of this property?
This property features: Storefront building with space leased to two long‑term tenants on month‑to‑month basis; Barber shop rent: $785/month (month‑to‑month); Restaurant rent: $3,000/month (month‑to‑month)
(862) 465-8139 Call to check price and availability
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