721-731 Chancellor Ave Active Save Request In-Person Tour Request Virtual Tour
Irvington Twp.,NJ 07111
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,625 sqft
Price per Sqft $236
MLS Listing ID 3993526
Year Built 1960
Annual Tax Amount $34,083
Tax Year 2024
Lot Size 10,018 Sqft
Property Description
Don't miss this prime corner commercial investment opportunity at the high-visibility intersection of Chancellor Avenue and Union Avenue in Irvington, NJ! This well-maintained, income-producing property spans approximately 7,625 sq. ft. on a 0.23-acre lot ( 10,010 sq. ft.) and includes six fully leased retail storefronts, each occupied by long-term, established tenants providing consistent, reliable income with minimal turnover. The property also features a rear loading area, offering convenient access for deliveries and day-to-day operations. Its corner location provides dual frontage and exceptional exposure along one of Irvington's most traveled retail corridors. Strategically located near I-78, the Garden State Parkway, and public transportation, this asset combines stability with upside potential in a market experiencing steady revitalization and commercial growth. An outstanding opportunity for investors looking to capitalize on Irvington's expanding commercial landscape!
Location
State NJ
County Essex
Zoning See Docs
Interior
Heating Gas-Natural
Cooling No Cool, See Remarks
Equipment Restrooms - Private, See Remarks, Sign - Building
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block, Concrete, Glass
Utilities Available All Underground, Electric, Gas-Natural
Roof Type Flat
Building
Story 6
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple