1661 Olden AveEwing Township, NJ 08638

Property Details for 1661 Olden Ave

Year built

1950

Lot size

0.89 AC

Property size (Sq ft)

28,600 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional owner-user opportunity presents a 28,600 square foot shopping center in Ewing Township, New Jersey. Located on heavily traveled N. Olden Avenue, this Class C property boasts high visibility with east and west access. The single-tenant building, constructed in 1950, sits on a 0.89-acre lot and offers 35 parking spaces. Currently 83% occupied (as of September 21, 2023), the property features a NNN lease with an expiration date of June 4, 2024. The tenant has no credit rating. The asking price is $4,200,000, translating to a price per square foot of $147.36. The property is zoned SA-2 and benefits from its proximity to major retailers such as Home Depot, Aldi, Dollar General, McDonald's, various auto dealerships, and ShopRite. This fee-simple ownership presents a compelling investment opportunity for owner-users or investors seeking a well-located retail property in a thriving area. The one-story building offers significant potential for redevelopment or continued operation as a successful retail center. The property's strategic location and high visibility make it an attractive proposition for a variety of retail businesses.

Location Insight

City

Ewing Township

County

Mercer

State

New Jersey

Latitude

40.2458

Longitude

-74.7634

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].