Warehouse and Event
For Sale
Contact for pricing
12 Church Street, Bound Brook, NJ 08805
Multi-use event hall and warehouse space suitable for continued use or redevelopment, with downtown Bound Brook transit access.
Property Size13,200 SF
Price / SF$219.70
Days on Market100
Property Features for 12 Church Street
General Information
Standard status
Active
Size
13,200 SF
Class
C
Total Parking Spaces
23
Property subtype
Industrial, Land, Special Purpose
Zoning
Business/Residential & 1.4 Subsection
Lease Type
Gross
Investment Type
Redevelopment
Building Details
Year Built
1900
Year Renovated
2016
Buildings
2
Units
2
Tenancy
Multi
Listing Agency:
The Kislak Company Inc Woodbridge
Listed By:
Max Levinston · License #NJ 1970604
Source:
Crexi
Added: Jul 7
Changed: Oct 7
Last Checked: Oct 12 at 6:19PM
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 The Kislak Company Inc Woodbridge
Investment Insights
Based on property information with market context.
The property is a 13,200 SF event hall/venue and warehouse space offered for sale, with the flexibility for continued use or redevelopment. The existing building supports a mixed-use event and warehouse function within a single offering.
The property is located in downtown Bound Brook, with only a 3-minute walk to the train station. It is surrounded by mixed-use and multifamily properties.
Zoning allows up to 6 stories or a 70 ft maximum building height, providing development flexibility within the stated height limit.
The property is located in downtown Bound Brook, with only a 3-minute walk to the train station. It is surrounded by mixed-use and multifamily properties.
Zoning allows up to 6 stories or a 70 ft maximum building height, providing development flexibility within the stated height limit.
Key Highlights
- 13,200 SF event hall/venue and warehouse space in downtown Bound Brook
- 3‑minute walk to the train station
- Built in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$179,909
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,598,180
$3.6M
Cap Rate 7%
$2,570,129
$2.6M
Cap Rate 9%
$1,998,989
$2.0M
Market Conditions
NOI Build-Up for 13,200 SF
Gross rent
$224.9K $17.04/SF
− Vacancy
−$13.3K −$1.01/SF
EGI
$211.7K $16.03/SF
− OpEx
−$31.7K −$2.41/SF
NOI
$179.9K $13.63/SF
Area
Somerset County, NJ
Vacancy
5.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,598,180
Cap Rate 7%
$2,570,129
Cap Rate 9%
$1,998,989
Alternative Uses
Best Use
Warehouse
$2.57M
$2.25M – $3.00M
NOI $179,909 @ 7.0% cap · market cap 6.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.45M
$3.02M – $4.02M
NOI $241,275 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,020
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 08805, NJ
13,948
Population
5,524
Households
2.5
Avg Household Size
37
Median Age
33%
College-Educated
86%
High-School Grad
2.9 sq mi
ZIP Area
4,810
Density / Sq Mi
$84,201
Median Household Income
$41,874
Median Earnings
$1,859
Median Rent
$393,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
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Similar Off Market Nearby
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- Friendly Storage Center — 128 Lincoln Blvd #1022, Middlesex, NJ 08846
- Hazelwood Estate Sales — 243 Hazelwood Ave, Middlesex, NJ 08846
Frequently Asked Questions
What type of property is this?
Warehouse - Multi-use event hall and warehouse space suitable for continued use or redevelopment, with downtown Bound Brook transit access.
Where is this warehouse located?
The property is located at 12 Church Street Bound Brook, NJ.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 13,200 SF event hall/venue and warehouse space in downtown Bound Brook; 3‑minute walk to the train station; Built in 1900
