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Two-Floor Storefront Retail Business

740 Speedwell Ave Morris, Plainsboro, NJ 07950

For Sale
$160,000

An established consignment operation includes merchandise, display fixtures, shelving, and an existing customer and consignor network.

Property SizeContact for details
Days on Market145

Property Features for 740 Speedwell Ave Morris

General Information

Standard status Active
Property subtype Business

Additional Details

Business Included Yes
Listing Agency: UNITED REAL ESTATE
Listed By: JOHN RODERICK JR.
Source: Thedoughertygrouprealestate
Added: Jun 16 Changed: Nov 7 Last Checked: Nov 7 at 3:08PM

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 UNITED REAL ESTATE

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Investment Insights

Based on property information with market context.

The consignment business operates across two floors and includes a mix of consigned and owned merchandise. Inventory categories include home décor, clothing and accessories, costume jewelry, framed artwork, CDs and DVDs, antiques, collectibles, seasonal goods, household items, and furniture. Display fixtures and shelving are included, along with an established customer base and consignor network that continually brings items into the store.

The storefront is at 740 Speedwell Ave in Morris Plains, near the Morris Plains train station. The offering is centered on the operating consignment business and its inventory and fixtures.

Key Highlights

  • Two floors of retail inventory
  • Includes consigned and owned merchandise across home goods, apparel, jewelry, art, collectibles, and furniture
  • Display fixtures and shelving included

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Hair Salon Nail Salon Building Supply Dental Office Spa & Massage Center Auto Repair Shop

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

174
Businesses Nearby
Under-served
Demand for This Use

Demographics for 07950, NJ

21,459
Population
8,460
Households
2.5
Avg Household Size
42
Median Age
65%
College-Educated
96%
High-School Grad
9.1 sq mi
ZIP Area
2,358
Density / Sq Mi
$148,469
Median Household Income
$80,217
Median Earnings
$2,549
Median Rent
$571,300
Median Home Value

Market

Average Price Trend$/SF for Storefront properties in Morris County, NJ

$204 Jul
$235 Aug
$212 Sep
$209 Oct

Properties on Market for Storefront properties in Morris County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Storefront property - An established consignment operation includes merchandise, display fixtures, shelving, and an existing customer and consignor network.
Where is this storefront property located?
The property is located at 740 Speedwell Ave Morris Plainsboro, NJ.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Two floors of retail inventory; Includes consigned and owned merchandise across home goods, apparel, jewelry, art, collectibles, and furniture; Display fixtures and shelving included
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