Mixed-Use Property with Retail and
For Sale
$1,050,000
16 Main St, Butler, NJ 07405
Fully leased configuration combines storefront commercial space with residential rental units.
Property SizeContact for details
Days on Market45
Property Features for 16 Main St
General Information
Standard status
Active
Property subtype
Commercial
Occupancy
100%
Additional Details
Cap Rate
7%
Road Access
Yes
Multifamily Units
3
Amenities
parking lot
Building Details
Tenancy
Multi
Listing Agency:
EXP Realty, LLC - Englewood Cliffs
(201) 857-8777
Listed By:
Su Zheng () · License #2078658
(201) 661-0369
Source:
Fortuneluxuryrealty
Added: Aug 1
Changed: Sep 8
Last Checked: Sep 13 at 11:16AM
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 EXP Realty, LLC - Englewood Cliffs
Investment Insights
Based on property information with market context.
This mixed-use property combines 2 retail storefronts with 3 residential apartments, creating separate commercial and residential components within one asset. The property is fully leased and includes an exclusive parking lot. Long-term commercial tenants and occupied apartments provide multiple rental revenue streams across the building’s uses.
Positioned in Butler Borough’s Main Street business district at 16 Main, the property is surrounded by local businesses, restaurants, and everyday conveniences. The offering includes a stated cap rate of 7%+ and may suit investors seeking a mixed-use asset or a 1031 exchange property.
Positioned in Butler Borough’s Main Street business district at 16 Main, the property is surrounded by local businesses, restaurants, and everyday conveniences. The offering includes a stated cap rate of 7%+ and may suit investors seeking a mixed-use asset or a 1031 exchange property.
Key Highlights
- 2 retail storefronts and 3 residential apartments
- Fully leased mixed‑use property
- Exclusive parking lot included
Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
743
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully leased configuration combines storefront commercial space with residential rental units.
Where is this mixed-use property located?
The property is located at 16 Main St Butler, NJ.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 2 retail storefronts and 3 residential apartments; Fully leased mixed‑use property; Exclusive parking lot included
