Four mixed-use commercial properties 4 biens | À vendre | 4 573 211 € | Irvington, NJ

A rare investment opportunity to acquire a portfolio of four mixed-use commercial properties located at 1000, 992, and 994 Springfield Avenue, and 7 Myrtle Avenue in Irvington, New Jersey. Priced at $5,300,000, this portfolio features a strong mix of retail and residential units with long-term tenants—many in place for over two decades—providing stable cash flow and proven performance. Strategically positioned along the bustling Springfield Avenue corridor, these properties benefit from excellent visibility, consistent foot traffic, and proximity to major highways and public transit. 992 and 1000 Springfield Avenue offer significant upside potential for increased revenue, while 994 Springfield and 7 Myrtle contribute to the portfolio’s steady income base. This offering combines immediate income with long-term growth potential, making it an ideal investment for those seeking a stable, value-add opportunity in a thriving Essex County market.
Highlights: 4 parcel: 1000 Springfield Ave, 994 Springfield Ave 992 Springfield Ave 7 Mrytle Irvington NJ
Listing Price: $5,300,000
Portfolio of 4 Adjacent/Multi-Site Properties
in the heart of Irvington kitty corner of 3 intersection and 1 block away from public transportation.
Mixed-Use Configuration – Retail & Residential units
Tenancy: Longstanding tenants with over 20 years of occupancy
Excellent Visibility & Foot Traffic on Springfield Ave
Potential for Revenue Growth at 992 & 1000 Springfield Ave (see attached cap rate sheet for financial details)
Located in a Strong Retail Corridor near major highways, public transit, and community amenities