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Faits saillants de l'investissement
- High visibility
- 1.39 Acres
- On-site billboards
- Redevelopment opportunity
- Income producing
- Ample parking
Résumé de l'annonce
Positioned at one of the busiest intersections in Essex County, this three-property portfolio offers a rare opportunity to acquire a high-exposure assemblage at the Livingston Circle. The offering includes 397 W Mt Pleasant Avenue, 1 Old Road, and 2 Old Road, totaling approximately 1.39 acres with strong frontage and visibility along W. Mt Pleasant Avenue and Eisenhower Parkway.
The portfolio is anchored by an income-producing commercial building, complemented by existing billboard revenue, providing in-place cash flow. The assemblage may also offer potential for redevelopment or repositioning.
Surrounded by national and regional retailers, the site benefits from combined traffic volumes exceeding 50,000 vehicles per day at the Livingston Circle, providing excellent exposure and strong underlying fundamentals. The parcel layout creates a unique configuration, and the site configuration may provide some flexibility for future site planning and potential reconfiguration.
Located within the B-1 General Business District, the properties permit a range of retail, office, and service-oriented uses typical of a neighborhood commercial corridor. The combination of visibility, location, and redevelopment potential makes this an attractive opportunity for investors, developers, and owner-users seeking a well-located asset with long-term upside.
The portfolio is anchored by an income-producing commercial building, complemented by existing billboard revenue, providing in-place cash flow. The assemblage may also offer potential for redevelopment or repositioning.
Surrounded by national and regional retailers, the site benefits from combined traffic volumes exceeding 50,000 vehicles per day at the Livingston Circle, providing excellent exposure and strong underlying fundamentals. The parcel layout creates a unique configuration, and the site configuration may provide some flexibility for future site planning and potential reconfiguration.
Located within the B-1 General Business District, the properties permit a range of retail, office, and service-oriented uses typical of a neighborhood commercial corridor. The combination of visibility, location, and redevelopment potential makes this an attractive opportunity for investors, developers, and owner-users seeking a well-located asset with long-term upside.
Faits sur la propriété
| Type de vente | Investissement | Individuellement en vente | 0 |
| Statut | Actif | Taille totale du bâtiment | 8 448 pi² |
| Nombre de propriétés | 3 | Superficie totale du terrain | 1,46 AC |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 3 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 8 448 pi² |
| Superficie totale du terrain | 1,46 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
| 1 Old Rd, Livingston, NJ 07039 | Bureau | 1 704 pi² | 1925 | - |
| 397 W Mt Pleasant Ave, Livingston, NJ 07039 | Commerce de détail | 3 000 pi² | 2020 | - |
| 2 Old Rd, Livingston, NJ 07039 | Spécialité | 3 744 pi² | 1916 | - |
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Présenté par
Livingston Circle Portfolio Investment
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