For Sale
$1,080,000

231 Sanford St East Orange, NJ 07018

Prime Retail Space, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
138
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.

Highlights

  • $1,080,000 asking price for a 3,200 SF retail storefront in East Orange, NJ.
  • Owner-user opportunity, single-tenant occupancy.
  • $337.50/SF price per square foot.
  • Built in 2007, renovated in 2009, situated on a 0.13-acre lot with 12 parking spaces.
  • High-traffic location with excellent visibility; currently operating as a dry cleaner generating $420,000+ annual income.

Property Details for 231 Sanford St

Property type
Retail properties, Retail space
Square Feet
3,200 SF
Year Built/Renovated
2007/2009
Stories
1
Lot Size (sq. ft)
5,663 SF

Location Insight

City
East Orange
County
Essex
State
New Jersey
Latitude
40.75416278401
Longitude
-74.229157179205

FAQs

What type of property is this?
Retail property - Prime Retail Space, High-Traffic Location
Where is the retail property located?
The property is located at 231 Sanford St East Orange, NJ.
What is the asking price?
The asking price for this property is $1,080,000.
What are key features of this property?
This property features: $1,080,000 asking price for a 3,200 SF retail storefront in East Orange, NJ.; Owner-user opportunity, single-tenant occupancy.; $337.50/SF price per square foot.
How can I contact the broker?
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231 Sanford St
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