Property profile

1661 Olden Ave Ewing Township, NJ 08638

OFF-MARKET
Retail properties & Spaces
28,600 SF 0.89 ac lot Built 1950
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Property summary

AI-generated overview

This exceptional single-tenant retail property, totaling 28,600 square feet, is strategically located on heavily traveled N. Olden Avenue in Mercer County. Built in 1950, this one-story, Class C building sits on a 0.89-acre lot and is zoned SA-2. The property's prominent position ensures high visibility and accessibility, benefiting from its proximity to a multitude of major retailers. These include, but are not limited to, Home Depot, Aldi, Dollar General, McDonald's, several auto dealerships, and a ShopRite supermarket. This translates to significant foot traffic and convenient access for potential customers. The building's substantial size offers ample space for a variety of retail uses, making it an attractive investment opportunity for businesses seeking a strong presence in a thriving commercial area. The single-tenant occupancy provides simplicity and ease of management. This property presents a rare opportunity to acquire a well-situated retail space in a high-demand location with established surrounding businesses. The substantial square footage and prime location make this an ideal investment for a discerning buyer seeking a strong return. The property's size and location offer significant potential for growth and profitability.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1950
Total area 28,600 SF
Lot 0.89 ac (38,768 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store Clothing & Fashion Store
  • Furniture & Home Goods Home Decor Store

Location

1661 Olden Ave Ewing Township, NJ 08638
Ewing Township metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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