964 Koehl Ave Union, NJ 07083
This exceptional 2,200 square foot retail space in Union, New Jersey, presents a unique investment opportunity. Located at 964 Koehl Avenue, 07083, this single-tenant property boasts a prime location, directly off Route 22, and situated conveniently in front of Home Depot and Walmart, ensuring high visibility and accessibility. Completely renovated in 2022, the space is ideally suited for a variety of uses. Currently configured as a recording studio with a dedicated event room capable of accommodating approximately 60 people, it offers versatile potential. The property includes two bathrooms and a private office, adding to its functionality and appeal. Its adaptable design makes it equally suitable for podcasting operations or other creative businesses. The property's strategic location, modern renovations, and flexible layout combine to create a compelling opportunity for a discerning investor seeking a high-impact commercial space in a thriving New Jersey market. The property is classified as Retail and Special Purpose.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.