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$2,250,000
New Listing

389 Dover Chester Rd
Randolph Twp., NJ 07869

For Sale|Business|Active
0
Beds
0
Total Baths
11,900
SqFt
$189
/SqFt
1955
Built
Subdivision:
Ironia
County:
Morris

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389 Dover Chester Rd389 Dover Chester Rd389 Dover Chester Rd389 Dover Chester Rd
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We are pleased to present an exceptional opportunity to acquire a fully stabilized, income-producing retail asset located in one of the most affluent and sought-after areas in the region. This strip mall consists of 8 fully leased units, offering immediate and reliable cash flow backed by a strong tenant base and long-term lease agreements. The center is strategically anchored by the United States Postal Service (USPS), a nationally recognized, credit-rated tenant that generates consistent daily foot traffic and serves as a major driver of visibility and consumer activity for the property. In addition to USPS, the property is home to a diverse mix of well-established local tenants, each contributing to the location's strong identity and long-standing community presence. Positioned along a highly trafficked road, the property benefits from excellent frontage, visibility, and access, as well as a robust consumer demographic with high household incomes and strong retail demand. Ample on-site parking, with 64 dedicated spaces, further enhances customer convenience and tenant appeal. The property sits within an economically vibrant and demographically attractive market. Surrounded by national retailers along Rt 10, upscale residential communities, and well-performing schools, the area continues to show strong population growth and retail performance metrics. The affluent customer base provides a reliable foundation for ongoing tenant success and long-term asset appreciation.

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Listing Snapshot
Price 
$2,250,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
11,900 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.37 Acres
Year Built 
1955
MLS® Number 
3975070
Status 
Active
Property Tax 
$38,863
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
10 hours agoListing updated with changes from the MLS®
22 hours agoListing first seen on site
General Features
Acres 
1.37
Garage 
Yes
Garage Spaces 
60
Number Of Stories 
2
Property Sub Type 
Business
Sewer 
Septic Tank
SqFt Total 
11900
Utilities 
Natural Gas Available
Water Source 
Well
Zoning 
B-1
Interior Features
Cooling 
Central Air
Heating 
Natural Gas
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Exterior Features
Construction Details 
BrickWood Siding
Lot Features 
Level
Listing courtesy of C-21 CHRISTEL REALTY

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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