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Main Street Mixed-Use Building
For Sale
$285,000

154 Main St, Butler, NJ 07405

Three-story mixed-use building with development potential in Butler, NJ.

Property Size5,326 SF
Price / SF$53.51
Days on Market162

Property Features for 154 Main St

General Information

Standard status Active
Size 5,326 SF
Listing Agency: TERRIE O'CONNOR REALTORS
Listed By: DEBRA ZYSKOWSKI · License #1539962
Source: Luminancerealty
Added: Mar 27 Changed: Sep 3 Last Checked: Sep 4 at 9:35AM

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 TERRIE O'CONNOR REALTORS

Investment Insights

Based on property information with market context.

This three-story mixed-use building, originally constructed in 1903, presents a development opportunity in Butler's Main Street Business District. Previously the Goldstein Brothers Department Store and later Louis Levine's Clothing, the property features a large layout with possibilities for various uses. The first floor contains two finished commercial storefront units, one currently rented and the other occupied by the owner's business, both featuring high ceilings. The two upper floors are unfinished, offering potential for development. Plans exist for six two-bedroom apartments, subject to town approval and potential variances. The building size is 5,326 square feet. The owner believes the building once had an additional floor, with stairs leading to a non-existent fourth floor.

Key Highlights

  • Large 3‑story mixed‑use building in Butler Main Street Business District offering development opportunities.
  • Two finished commercial storefront units on the first floor, one currently rented providing immediate income.
  • Potential for development into residential apartments on the upper floors (owner has plans for six 2‑bedroom units, subject to town approval).

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Skin Care Clinic Daycare Center Storage Facility Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

694
Businesses Nearby
22k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
QuickChek Shops & Services
16,195 visits/mo 0.3 miles
Dollar General Shops & Services
5,687 visits/mo 0.4 miles

Demographics for 07405, NJ

17,910
Population
6,990
Households
2.6
Avg Household Size
43
Median Age
57%
College-Educated
96%
High-School Grad
19.8 sq mi
ZIP Area
905
Density / Sq Mi
$127,500
Median Household Income
$69,919
Median Earnings
$1,526
Median Rent
$552,500
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-story mixed-use building with development potential in Butler, NJ.
Where is this mixed-use property located?
The property is located at 154 Main St Butler, NJ.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Large 3‑story mixed‑use building in Butler Main Street Business District offering development opportunities.; Two finished commercial storefront units on the first floor, one currently rented providing immediate income.; Potential for development into residential apartments on the upper floors (owner has plans for six 2‑bedroom units, subject to town approval).
More about this property
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