Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    117 Broad St, Unit SUITES 9-10 Flemington, NJ 08822

    View on Map
    Sponsored
    For Lease
    $1,500 /Mo ($18 SF/Yr)

    Commercial - Flemington Boro, NJ

    Property size:
    1,000 SF
    Lot size:
    0.60 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 13 at 4:06 pm

    Property Features for 117 Broad St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Downtwn Busin
    Parking
    5
    Size
    1,000 SF
    Lot size
    0.60 Acres

    Utilities

    Cooling system
    Multi Units

    Building Details

    Year built
    1970
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Carpet
    Building materials
    Brick
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    ANDREW B. SPRECHER

    Keller Williams Cornerstone Realty (908) 359-0893

    Listing agent ANDREW B. SPRECHER (908) 359-0893

    Listing date Mar 13, 2026

    MLS# 3952162 Listing URL

    Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Flemington Commercial Space For Rent

    Two contiguous units are available for lease, with the possibility of subdivision. The gross lease terms are in addition to utilities. The spaces are suitable for office, retail, recreational, or medical use. Located in a centrally located mall with a deli, restaurant, and hair salon, the property offers parking and is near the rail and business district of downtown Flemington. The spaces are ideal for services, retail, small shops, or professional offices. The lot size is 0.6 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    VB Construction Services General Contractor Theresa's Cafe Cafe & Coffee Shop Matthew Douglas Photography Wedding Service Flemington Holistic Massage Alternative Medicine Practice Rosita Restaurant Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Flemington
    County
    Hunterdon
    State
    New Jersey
    Longitude
    -74.8565
    Latitude
    40.50678

    Nearby Similar for Lease

    • $1.00 SF/Yr
      69,400 SF

      New Industrial Flex Space Available

      New construction industrial flex space with easy highway access.
      11 Royal Rd, Flemington, NJ 08822
      View Details
    • $6,000 /Mo

      Spacious Commercial Space Near Route 31

      Over 7100 sq ft, subdividable, high-exposure location near Route 31.
      4 Minneakoning Rd, Flemington, NJ 08822
      View Details
    • $700 /Mo

      Renovated Office Space For Rent

      Newly renovated office space with utilities included in a prime location.
      171 Stanton Rd, Flemington, NJ 08822
      View Details
    • $1,700 /Mo

      Functional Retail Space For Rent

      Modern retail space with abundant natural light and flexible layout.
      131 Main St, Flemington, NJ 08822
      View Details
    • $1,500 /Mo

      Move-In Ready Office Unit

      Office unit with basement and kitchen area available for rent.
      361 State Route 31, Flemington, NJ 08822
      View Details
    • $1,975 /Mo

      Furnished Office Suite For Rent

      Furnished office suite with conference room available for rent.
      32 Church St, Flemington, NJ 08822
      View Details
    • $2,104 /Mo

      Spacious Flex Space Near Main

      Versatile space suitable for various commercial uses, convenient location.
      47 Maple Ave, Flemington, NJ 08822
      View Details
    • Contact for pricing

      Historic Flemington Office Storage Unit

      Storage unit in historic Flemington building, utilities included.
      84 Park Ave, Flemington, NJ 08822
      View Details
    • Contact for pricing

      Industrial Warehouse with Office Space

      10,000 SF industrial warehouse with 500 SF office space.
      11 Minneakoning Rd, Flemington, NJ 08822
      View Details
    • Contact for pricing

      Historic Flemington Office Space Available

      Iconic office space in historic Flemington, all utilities included.
      84 Park Ave, Flemington, NJ 08822
      View Details
    • Contact for pricing

      Historic Flemington Office Storage Space

      Basement storage unit in historic Flemington building for lease.
      84 Park Ave, Flemington, NJ 08822
      View Details

    FAQs

    What type of property is this?
    Office units - Two contiguous units in Flemington, suitable for office or retail.
    Where is this office units located?
    The property is located at 117 Broad St, Unit SUITES 9-10 Flemington, NJ.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Two contiguous units offering flexibility and potential for subdivision.; - Centrally located in a mall with existing amenities like a deli, restaurant, and hair salon.; - Suitable for a variety of uses: office, retail, recreational, or medical.
    (908) 359-0893
    Request Owner's contact information
    117 Broad St, Unit SUITES 9-10 Flemington, NJ 08822
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    117 Broad St, Unit SUITES 9-10
    Flemington, NJ 08822
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    117 Broad St, Unit SUITES 9-10 Flemington, NJ 08822
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    ANDREW B. SPRECHER
    (908) 359-0893 (908) 432-0656
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!