1 Orange Ave, South Orange, NJ 07079
- Retail properties & Spaces
- 32,740 SF
- 0.52 lot acres
Current Use by 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
Property Details for 1 Orange Ave
- Lot size
- 0.52 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
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.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- South Orange
- County
- Essex
- State
- New Jersey
- Longitude
- -74.2597
- Latitude
- 40.7466
