1440-42 South Avenue

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1440-42 South Avenue

Plainfield, NJ 07062
Asking Price
$1.09M
Asset Type
Restaurant Retail
Class
Class B

What's Special

Restaurant-ready property with parking in high-traffic South Avenue redevelopment corridor <p>• <strong>Freestanding Commercial Building</strong></p><p> Approximately 1,680 square feet of flexible commercial space configured for hospitality use with efficient layout and strong street presence.</p><p>• <strong>Rare On-Site Parking</strong></p><p> Approximately 20 to 30 dedicated parking spaces, a significant competitive advantage along the South Avenue corridor where off-street parking is limited and highly valued by operators and customers.</p><p>• <strong>Prime High-Traffic Location<

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NOI
$80,000
Cap Rate
7.31%
DSCR
1.23
Tight
Cash-on-Cash
4.56%
Monthly Payment
$5,417.463
Annual Cash Flow
$14,990.449

Location & Travel Times