671 Park AveEast Orange, NJ 07017

For Sale
$776,000

Turnkey daycare, immediate occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a turnkey, freestanding commercial property ideally suited for continued daycare operation or adaptable to other uses. Located at 671 Park Ave, East Orange, NJ 07017, this three-story, 4,357 square foot Class C building sits on a 0.14-acre lot with 48 feet of frontage on Park Avenue. Built in 1914, the property boasts a well-maintained masonry structure featuring multiple learning areas, private office space, a finished basement, and emergency egress on each level. A secure, fenced-in playground enhances the property's appeal. The property is zoned RO, permitting high-rise multifamily and high-rise office development, offering future flexibility. The asking price is $776,000, translating to $178.10 per square foot. This single-tenancy building offers immediate occupancy and significant potential for a savvy investor or owner-user. The property's convenient location provides easy access to public transportation. This is a rare opportunity to acquire a well-established daycare center in a desirable location. The property features ample above-grade space and exudes historic charm.

Highlights

  • 4,000+ SF Free-Standing Building
  • Historic Charm (Built 1914)
  • R-O Zoning (High-Rise Multifamily/Office)
  • Turnkey Daycare Buildout
  • Secured Rear Playground

Property Details for 671 Park Ave

Property type
Day care centers & nurseries, Other retail properties
Square Feet
4,357 SF
Class
C
Year Built
1914
Buildings
1
Stories
3
Lot Size (sq. ft)
6,098 SF

Location Insight

City
East Orange
County
Essex
State
New Jersey
Latitude
40.7732115
Longitude
-74.2195444
671 Park Ave, East Orange, New Jersey

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671 Park Ave
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