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1025 Pearl St Bridgeton, NJ 08302

Sponsored
For Sale
$999,999

17,470 SF Retail Center, Value-Add Opportunity

Property size:
17,470 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This 17,470 square foot retail center, located at 1025 N. Pearl Street in Bridgeton, New Jersey, presents a compelling value-add investment opportunity. The property, situated on a 1.14-acre lot in Cumberland County, is currently vacant but offers significant potential. The single-story building, constructed in 1968, features three separately metered units with high ceilings and an open floor plan, allowing for flexible customization. The B2 zoning provides versatility for future uses. The property's prime location on a high-traffic corridor, near numerous national retailers, ensures excellent visibility and accessibility. With a pro-forma NOI of $270,000 and a pro-forma cap rate of 27%, this property offers strong potential for significant returns. The asking price is $999,999, translating to $57.24 per square foot. This is an ideal opportunity for owner-users or investors seeking a substantial retail property in a thriving New Jersey market. The property's size and location make it suitable for a variety of retail uses, and its vacant status allows for immediate occupancy and customization to suit a specific business plan. Easy access to major highways further enhances its appeal.

Property Features for 1025 Pearl St

General Information

Property type
Lifestyle centers
Square Feet
17,470 SF
Lot Size
49,658 SF

Building Details

Year Built
1968
Buildings
1
Stories
1
Units
3

HighLights

  • High‑traffic location with strong national and local retail presence.
  • Spacious layout featuring high ceilings.
  • Convenient access to major highways.
  • B2 zoning allows for versatile future uses.
Property Profile Location Intelligence

Current Use by Public Records

Lifestyle centers

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Bridgeton
County
Cumberland
State
New Jersey
Longitude
-75.210368785649
Latitude
39.4574806192

FAQs

What type of property is this?
Lifestyle center - 17,470 SF Retail Center, Value-Add Opportunity
Where is this lifestyle center located?
The property is located at 1025 Pearl St Bridgeton, NJ.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: High-traffic location with strong national and local retail presence.; Spacious layout featuring high ceilings.; Convenient access to major highways.
More about this property
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