Available Space Profile

Back

FOR SALE: Above/Ashely Market Building

Agent / Contact:

Marcus and Millichap

212-430-5166

1 South Orange Ave.
Phone: 212-430-5166

30,300 SF Retail Building Offered at $8,750,000 at a 7.34% Cap Rate 

1 South Orange Avenue anchored by Ashley Marketplace & Café in South Orange, NJ GLA of 30,300 SF on a .52-acre lot 

Second and third floor prime for redevelopment, currently vacant retail but could be converted to residential or office 

3-story, 30,300 square foot mixed use property with 65 on-site parking spaces 

Anchored by Ashley Marketplace & Café occupying approximately 14,000 SF on a 20-year NN Lease with 14 years remaining with 9% increases every 3 years 

Located in the center of town, directly across the street from the South Orange NJT Train Station, along S. Orange Avenue, the main thoroughfare for the town with over 22,600 vehicles per day 

Click here for more info. 

FOR SALE: Above/Ashely Market Building | 1 South Orange Ave., South Orange, NJ