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Mixed-Used Investment FULLY LEASED 1101-1109 E 2nd St 6,500 SF 100% Leased Retail Building Plainfield, NJ 07062 $1,756,440 CAD ($270.22 CAD/SF)
Investment Highlights
- Fully leased 6-unit mixed-use property
- Significant recent capital improvements (roof, HVAC)
- 4 retail storefronts, 2 apartments (plus dedicated storage/parking income)
- Strong cash-flow
Executive Summary
1101–1109 East 2nd Street, Plainfield is a stabilized, 100% leased mixed-use property with 4 retail spaces, 2 3-bedroom apartments, and on-site parking/storage. The property has newer HVAC throughout, roofs renovated within 5 years, modernized apartments (2018/2024), and a recently renovated retail suite. Located on an active NJ Transit bus line, and 1/2 mile from Netherwood NJ Transit Station (direct NYC access), the property offers consistent cash flow.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
6,500 SF
Building Class
C
Year Built/Renovated
1920/2010
Price
$1,756,440 CAD
Price Per SF
$270.22 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.88
Lot Size
0.17 AC
Zoning
NC
Parking
4 Spaces (0.61 Spaces per 1,000 SF Leased)
Frontage
125’ on 2nd St
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Beauty/Hair
- Services
- -
- -
- -
- Retail/Apparel Store
- Retailer
- -
- -
- -
- Smoke Shop
- Services
- -
- -
- -
- Social Club
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Beauty/Hair | Services | - | - | - | ||
| Retail/Apparel Store | Retailer | - | - | - | ||
| Smoke Shop | Services | - | - | - | ||
| Social Club | Services | - | - | - |
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 12-00331-0000-00019 | Improvements Assessment | $308,720 CAD |
| Land Assessment | $55,104 CAD | Total Assessment | $363,824 CAD |
Property Taxes
Parcel Number
12-00331-0000-00019
Land Assessment
$55,104 CAD
Improvements Assessment
$308,720 CAD
Total Assessment
$363,824 CAD
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Mixed-Used Investment FULLY LEASED | 1101-1109 E 2nd St
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