501-505 Central Ave East Orange, NJ 07018
- Retail properties
- 3,433 SF
- 0.28 lot acres
Current Use by Public Records
- Retail properties
Property Details for 501-505 Central Ave
- Lot size
- 0.28 lot acres
- Property size
- 3,433 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional commercial property, located at 501-505 Central Avenue in East Orange, New Jersey, presents a unique investment opportunity. Situated on a 0.28-acre lot within the CAC (Central Avenue Commercial District) zoning, this two-story building offers approximately 3,433 to 3,464 square feet of retail space. The building is currently vacant and ready for immediate occupancy, providing flexibility for a variety of commercial uses. Its prominent corner location at Central Avenue and Amherst Street offers excellent visibility and significant signage opportunities on multiple sides. The property benefits from convenient access to major transportation arteries, including the Garden State Parkway and Route 280, ensuring high traffic flow and accessibility for customers and employees. The asking price for this prime retail space is $999,000. This presents a compelling opportunity to acquire a well-located, versatile commercial property in a thriving New Jersey market. The property includes Block 492, Lots 41, 42 & 43, and is zoned for commercial use within Essex County, zip code 07018. The building's vacant status allows for immediate customization and tenant improvements to suit specific business needs.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- East Orange
- County
- Essex
- State
- New Jersey
- Longitude
- -74.2214
- Latitude
- 40.7591
