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    72-80 South St New Providence, NJ 07974

    For Lease
    Contact for pricing

    Bank Space - 3,669 SF - Available Now

    Lot size:
    3,669 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 3,669 square foot retail space, located at 72-80 South Street in New Providence, New Jersey, presents a unique opportunity for a single tenant. Currently vacant, the property offers immediate occupancy in a highly visible location within Union County. The building's total square footage is 3,669 square feet, providing ample space for a variety of retail uses, particularly well-suited for a financial institution given its previous use as a bank. The property boasts 33 parking spaces, ensuring convenient access for customers and employees. Situated in the thriving town of New Providence, this location benefits from strong local demographics and excellent visibility along South Street. The property is classified as a single-tenant retail space, offering a streamlined and efficient operational environment. The address is 72-80 South Street, New Providence, NJ 07974. This is a rare opportunity to secure a substantial retail space in a desirable New Jersey location. The property is ready for immediate lease and offers a blank canvas for a new business to thrive. Its convenient location and ample parking make it an attractive proposition for a wide range of retail businesses. Contact us today to learn more about this exceptional opportunity.

    Property Features for 72-80 South St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,669 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    3,669 SF

    HighLights

    • High‑visibility corner lot with dual access points.
    • Ample parking: 33 spaces (9:1 ratio).
    • Former bank branch building.
    • Outdoor patio area.
    • Street view available on Google Maps.
    Property Profile Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New Providence
    County
    Union
    State
    New Jersey
    Longitude
    -74.405128
    Latitude
    40.703444

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    FAQs

    What type of property is this?
    Individual retail property - Bank Space - 3,669 SF - Available Now
    Where is this individual retail property located?
    The property is located at 72-80 South St New Providence, NJ.
    What are key features of this property?
    This property features: High-visibility corner lot with dual access points.; Ample parking: 33 spaces (9:1 ratio).; Former bank branch building.
    Request Owner's contact information
    72-80 South St New Providence, NJ 07974
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    New Providence, NJ 07974
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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
    72-80 South St New Providence, NJ 07974
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