122-124 N Main St

5,600 SF 50% Leased Retail Building Milltown, NJ $819,000 ($146/SF)

Property Facts

  • Sale Type: Investment or Owner User
  • Property Type: Retail
  • Property Subtype:Storefront Retail/Residential
  • Building Size: 5,600 SF
  • Building Class: C
  • Year Built: 1900
  • Price: $819,000
  • Price Per SF: $146
  • Percent Leased: 50%
  • Tenancy: Multiple
  • Building Height: 2 Stories
  • Building FAR: 0.76
  • Land Acres: 0.17 AC

Executive Summary

Phenomenal mixed-use investment or owner-occupied opportunity on Main Street in desirable Milltown. The property features two fully leased apartments, and a large ground floor storefront, previously utilized as a caterer & sandwich shop. Operate your own business in this heavily trafficked area, or rent it to generate additional income. Permitted uses include retail stores, personal service establishments, and more. Built-in restaurant equipment is included in sale and a full list of equipment and financials can be provided upon request.

Property Taxes

  • Parcel Number: 11-00050-0000-00015
  • Improvements Assessment: $198,500
  • Land Assessment: $87,000
  • Total Assessment: $285,500

Zoning

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