Mixed-Use Property with Beauty
For Sale
$539,000
120 Main St #120, Sayreville, NJ 08872
A rear three-bedroom apartment complements the equipped, renovated commercial space at the front of the building.
Property Size3,598 SF
Price / SF$149.81
Days on Market109
Property Features for 120 Main St #120
General Information
Standard status
Active
Size
3,598 SF
Property subtype
Commercial
Zoning
commercial
Additional Details
Business Included
Yes
Mixed-Use Components
retail, residential
Multifamily Units
1
Building Details
Building Size
3,598 SF
Year Built
1940
Stories
2
Units
2
Listing Agency:
United Real Estate
(888) 501-6953
Listed By:
Julio Cesar Valdez
Source:
Culturaunitedrealty
Added: Jul 9
Changed: Oct 23
Last Checked: Oct 23 at 5:17PM
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 United Real Estate
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Investment Insights
Based on property information with market context.
The 3,598-square-foot mixed-use property at 120 Main St in Sayreville combines a renovated beauty salon at the front with a three-bedroom apartment at the rear. The salon includes styling stations, manicure and pedicure areas, and a reception desk. Furniture, fixtures, equipment, decor, and existing salon inventory are included. The building was constructed in 1940 and is zoned commercial.
Key Highlights
- 3,598‑square‑foot mixed‑use property with a salon and rear three‑bedroom apartment
- Renovated salon includes styling stations, manicure and pedicure areas, and a reception desk
- Furniture, fixtures, equipment, decor, and existing salon inventory included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,132
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$622,640
$622.6K
Cap Rate 7%
$444,743
$444.7K
Cap Rate 9%
$345,911
$345.9K
Market Conditions
NOI Build-Up for 3,598 SF
Gross rent
$57.0K $15.84/SF
− Vacancy
−$7.2K −$2.00/SF
EGI
$49.8K $13.84/SF
− OpEx
−$18.7K −$5.19/SF
NOI
$31.1K $8.65/SF
Area
Middlesex County, NJ
Vacancy
12.60%
Lease Rate
$15.84 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$622,640
Cap Rate 7%
$444,743
Cap Rate 9%
$345,911
Alternative Uses
Best Use
Retail
$733.6K
$641.9K – $855.9K
NOI $51,355 @ 7.0% cap · market cap 9.53%
Second Best
Mixed Use
$444.7K
$389.2K – $518.9K
NOI $31,132 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$939.5K
$822.1K – $1.10M
NOI $65,766 @ 7.0% cap · market cap 12.20%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
385
Businesses Nearby
2k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Domino's Pizza
Dining
1,916 visits/mo
0.0 miles
Demographics for 08872, NJ
20,351
Population
7,837
Households
2.6
Avg Household Size
39
Median Age
36%
College-Educated
90%
High-School Grad
9.5 sq mi
ZIP Area
2,142
Density / Sq Mi
$97,204
Median Household Income
$50,654
Median Earnings
$1,594
Median Rent
$404,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A rear three-bedroom apartment complements the equipped, renovated commercial space at the front of the building.
Where is this mixed-use property located?
The property is located at 120 Main St #120 Sayreville, NJ.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: 3,598‑square‑foot mixed‑use property with a salon and rear three‑bedroom apartment; Renovated salon includes styling stations, manicure and pedicure areas, and a reception desk; Furniture, fixtures, equipment, decor, and existing salon inventory included
