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Retail Space on West Main
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62-64 W Main St, Somerville, NJ

Retail space available on West Main Street in Somerville.

Space Size5,700 SF
Lot Size0.16 Acres
Days on Market1269

Property Features for 62-64 W Main St

General Information

Standard status Active
Size 5,700 SF
Lot size 0.16 Acres
Property subtype RETAIL

Spaces For Lease

at 62-64 W Main St
62 - 64 W Main St AVAILABLE, Now
Floor 1
Size 5,700 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- +/- 3,500 - 4,500 sf Front portion +/- 2,000 - 2,500 sf Rear Portion Traffic: 18,097 vehicles per day Frontage: 36' on West Main St 4 Dedicated parking spaces in Back & Street parking Triple Net Lease Rate $8.00 PSF
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Listing Agency: Bussell Realty Corp
Listed By: Chandler Vanderbeek
Source: Moodyscre
Added: Apr 26, 2023 Changed: Oct 3 Last Checked: Oct 15 at 2:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bussell Realty Corp

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Investment Insights

Based on property information with market context.

This property offers retail space with a front portion of approximately 3,500 to 4,500 square feet and a rear portion of approximately 2,000 to 2,500 square feet. The property has 36 feet of frontage on West Main Street. Traffic counts indicate 18,097 vehicles per day. The property includes 4 dedicated parking spaces in the back, as well as street parking. The total property size is 5,700 square feet. The lease is a Triple Net Lease with a rate of $8.00 per square foot.

Key Highlights

  • High traffic location: 18,097 vehicles per day.
  • Flexible space: +/- 3,500 - 4,500 sf front portion and +/- 2,000 - 2,500 sf rear portion.
  • 36' Frontage on West Main St.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Pet Grooming Service Florist Tanning Salon Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,753
Businesses Nearby
107k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 52% Dining 26% Shops & Services 22%
ShopRite Groceries
55,863 visits/mo 0.2 miles
Starbucks Dining
14,696 visits/mo 0.2 miles
Chase Bank Shops & Services
10,843 visits/mo 0.2 miles
Bank of America Shops & Services
10,042 visits/mo 0.1 miles
Playa Bowls Dining
7,943 visits/mo 0.1 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Retail space available on West Main Street in Somerville.
Where is this retail space located?
The property is located at 62-64 W Main St Somerville, NJ.
What are key features of this property?
This property features: High traffic location: 18,097 vehicles per day.; Flexible space: +/- 3,500 - 4,500 sf front portion and +/- 2,000 - 2,500 sf rear portion.; 36' Frontage on West Main St.
(732) 991-9008 Call to check price and availability
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