231 Sanford St East Orange, NJ 07018
- Individual retail properties
- 2,337 SF
- 0.13 lot acres
Current Use by Public Records
- Individual retail properties
Property Details for 231 Sanford St
- Year built
- 1964
- Lot size
- 0.13 lot acres
- Property size
- 2,337 SF
- Property type
- Individual retail properties
- APN
- 05 00761-0000-00016- 03
- APU
- 50076100000001603
Description
This exceptional 3,200 square foot storefront, located at 231 Sanford St in East Orange, NJ 07018, presents a unique owner-user opportunity. Built in 2007 and renovated in 2009, this single-story building sits on a 0.13-acre lot and boasts 12 parking spaces, ensuring ample customer convenience. The property is zoned R-2 and offers excellent visibility on a high-traffic street, contributing to a strong income stream exceeding $420,000 annually. Currently operating as a successful dry cleaner with a loyal customer base, this turnkey business is being sold with the real estate. The sale includes both the building and the established business, providing a seamless transition for the new owner. The seller is retiring, creating a rare chance to acquire a profitable, established business with significant growth potential. Additional income streams could be developed through expanded services like pickup and delivery. The asking price is $1,080,000, representing a price per square foot of $337.50. This is an exceptional opportunity for an entrepreneur seeking a profitable, established business in a prime location. The business alone is available for $350,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- East Orange
- County
- Essex
- State
- New Jersey
- Longitude
- -74.2291
- Latitude
- 40.754
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
