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Listed with Jihyeon Seong | 201-780-6725, K Realty Group LLC
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Location, Location, Location! Don't miss this prime opportunity to own and operate your own dry cleaning business in the heart of downtown, surrounded by luxury condominiums. This location offers great income potential with low rentâ€"the tenant only pays for electricity! The current tenant also operates another dry cleaner in East Orange (MLS# 22005377 â€" $350,000), just 5 minutes away, which comes fully equipped. While the South Orange location has removed the dry cleaning equipment, the foundation remains intact, making it easy to reinstall equipment and restart operations. ?? Highly recommended to purchase and operate both locations together for maximum income potential! ?? Combined annual income from both locations exceeds $460,000. ?? Further increase revenue by adding pickup & delivery services. This is a fantastic investment opportunityâ€"act now!
| DAYS ON MARKET | 1,176 | LAST UPDATED | 1/10/2025 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | 300 |
| COUNTY | 7 | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Apr 29, '22 | $150,000 |
|---|---|
| Apr 29, '22 - Jul 31, '22 | $160,000 |
| Jul 31, '22 - Sep 30, '22 | $150,000 |
| Sep 30, '22 - Dec 23, '22 | $160,000 |
| Dec 23, '22 - Feb 28, '23 | $150,000 |
| Feb 28, '23 - Mar 16, '23 | $120,000 |
| Mar 16, '23 - May 7, '23 | $100,000 |
| May 7, '23 - Dec 22, '23 | $90,000 |
| Dec 22, '23 - Nov 20, '24 | $70,000 |
| Nov 20, '24 - Jan 10, '25 | $100,000 |
| Jan 10, '25 - Today | $120,000 |
| ADDITIONAL DETAILS | |
| AREA | 300 |
|---|---|
| BASEMENT | None |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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All information deemed reliable but not guaranteed. Last date updated: 5/10/25 9:00 PM PDT Source: New Jersey Multiple Listing, Inc.
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