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    220 Broad St Westfield, NJ 07090

    For Lease
    Contact for pricing

    Prime Union County location, two suites available.

    Lot size:
    2,075 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional retail property, located at 220 Broad Street in the heart of a high-traffic downtown Union County area, offers two available commercial spaces ideal for a variety of businesses. The building boasts a total of 2,075 square feet, currently entirely vacant and ready for immediate occupancy. Each suite offers flexibility, with a minimum divisible space of 950 square feet and a maximum contiguous space of 1,125 square feet. The property features convenient rear alley parking, a significant advantage in a busy downtown setting. The building's prime location provides excellent street visibility, with a storefront frontage of 28.7 feet, ensuring high foot traffic and exposure for your business. This first-floor retail space presents a unique opportunity to establish or expand your presence in a thriving commercial district. The property is categorized as multi-tenant, offering potential for synergy with complementary businesses. The building's total of two suites allows for a manageable and efficient layout, perfect for smaller businesses or those seeking a more intimate commercial space. Don't miss this chance to secure a highly visible and accessible retail location in a desirable Union County area.

    Property Features for 220 Broad St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,075 SF

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    1,125 SF
    Space
    Available Space 1
    Size
    950 SF

    HighLights

    • First‑floor retail space in a high‑traffic downtown Union County location.
    • Two available suites totaling 2,075 square feet, with spaces ranging from 950 to 1,125 contiguous square feet.
    • Rear alley parking available.
    • 28.7‑foot storefront frontage at 220 Broad Street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brosway Italia Jewelry Store

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Westfield
    County
    Union
    State
    New Jersey
    Longitude
    -74.3476814
    Latitude
    40.652001

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    FAQs

    What type of property is this?
    Retail property - Prime Union County location, two suites available.
    Where is this retail property located?
    The property is located at 220 Broad St Westfield, NJ.
    What are key features of this property?
    This property features: First-floor retail space in a high-traffic downtown Union County location.; Two available suites totaling 2,075 square feet, with spaces ranging from 950 to 1,125 contiguous square feet.; Rear alley parking available.
    Request Owner's contact information
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    Westfield, NJ 07090
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    220 Broad St Westfield, NJ 07090
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