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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1 Orange Ave South Orange, NJ 07079

32,740 SF 0.52 ac lot
Property ID
Property summary
AI-generated overview

This exceptional restaurant property at 1 South Orange Avenue in the heart of Downtown South Orange, New Jersey, presents a unique investment opportunity. Boasting a total building size of 32,740 square feet, the available space encompasses 10,660 net rentable square feet, strategically divided across three floors. The second floor offers 7,600 square feet, while the third floor provides 3,060 square feet, complemented by two large private patios. The property sits on a 0.52-acre lot and includes 94 parking spaces, a significant advantage in a vibrant downtown area. Its prime location is adjacent to the South Orange Train Station, ensuring high visibility and accessibility. The building features an elevator for convenient access to all floors. Adding to its appeal, there are 30 additional shared spaces available on a first-come, first-served basis. The property enjoys excellent street frontage of 67 feet, maximizing its presence and appeal to potential customers. This is a rare opportunity to acquire a well-situated, substantial restaurant space in a thriving New Jersey community. The property's size, amenities, and location make it ideal for a variety of restaurant concepts.

Property profile
Verified
Property type Retail properties & Spaces
Total area 32,740 SF
Lot 0.52 ac (22,651 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ashley Marketplace Grocery & Convenience Store Food Market
  • Sliders for Pets (Bike/Boat/Book/etc) Store Pet Store
  • Our Roots — Sliders for Pets Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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