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East Orange Auto Shop Opportunity
For Sale
$398,000

54-58 Springdale Avenue, East Orange, NJ 07017

7,500 sq ft auto shop with parking and storage.

Property Size7,500 SF
Price / SF$53.07
Days on Market688

Property Features for 54-58 Springdale Avenue

General Information

Standard status Active
Size 7,500 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $11,968
Listing Agency: Terra Realtors
Listed By: Maria Ferreira
Source: Betterhomerealestate
Added: Oct 22, 2024 Changed: Sep 8 Last Checked: Aug 25 at 9:09AM

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 Terra Realtors

Investment Insights

Based on property information with market context.

This property presents an investment opportunity with ample space for storage and parking. The 7,500 sq. ft. building was previously used as an autobody shop. It includes an office area with a bathroom and waiting room, along with a partial unfinished basement. The main warehouse section of the building has no roof due to a fire. The electric system has been upgraded.

Key Highlights

  • Great location
  • 7,500 sq. ft.
  • Upgraded electric

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Real Estate Agency Skin Care Clinic Law Firm Cafe & Coffee Shop Garden Center

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

1,185
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Mobil Shops & Services
1,971 visits/mo 0.4 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • IZZY MOBILE MECHANIC 11 Hawthorne Ave, East Orange, NJ 07018
  • D & A Auto Repair 116 Eaton Pl, East Orange, NJ 07017
  • C&D Auto Service 116 eaton pl, east orange, nj 07017
  • B&B Auto Body 110 Eaton Pl, East Orange, NJ 07017
  • Ortega towing 346 6th Ave W, Newark, NJ 07107

Frequently Asked Questions

What type of property is this?
Auto shop - 7,500 sq ft auto shop with parking and storage.
Where is this auto shop located?
The property is located at 54-58 Springdale Avenue East Orange, NJ.
What is the asking price?
The asking price for this property is $398,000.
What are key features of this property?
This property features: Great location; 7,500 sq. ft.; Upgraded electric
More about this property
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