Mixed-Use Property With
16 Main Street, Butler, NJ 07405
For Lease
$1,050,000
Fully leased property combines retail storefronts, apartments, and an exclusive parking lot.
Space SizeContact for details
Days on Market104
Property Features for 16 Main Street
General Information
Standard status
Property subtype
Occupancy
Taxes and HOA fees
Annual Taxes
Listing Agency:
EXP Realty, LLC - Englewood Cliffs
Listed By:
Su Zheng · License #2078658
(201) 661-0369
Source:
Tarvinrealtors
Added: Jul 29
Changed: Oct 31
Last Checked: Nov 8 at 12:26PM
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
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Investment Insights
Based on property information with market context.
This mixed-use property includes two retail storefronts and three residential apartments, creating a combination of commercial and residential occupancy within one building. The property is fully leased, with established commercial tenants and occupied apartments contributing separate rental streams. An exclusive parking lot serves the property.
Positioned along Main Street in Butler Borough, the asset is located within the borough’s business district and surrounded by local businesses, restaurants, and everyday conveniences. The property information identifies a 7%+ cap rate and long-term commercial tenancy, adding defined operating characteristics to the mixed-use configuration.
Positioned along Main Street in Butler Borough, the asset is located within the borough’s business district and surrounded by local businesses, restaurants, and everyday conveniences. The property information identifies a 7%+ cap rate and long-term commercial tenancy, adding defined operating characteristics to the mixed-use configuration.
Key Highlights
- Two retail storefronts and three residential apartments
- Fully leased mixed‑use property
- Exclusive parking lot included
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
743
Businesses Nearby
26k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
QuickChek
Shops & Services
16,195 visits/mo
0.5 miles
Dollar General
Shops & Services
5,687 visits/mo
0.1 miles
Lakeland Bank
Shops & Services
2,443 visits/mo
0.5 miles
Advance Auto Parts
Shops & Services
1,255 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully leased property combines retail storefronts, apartments, and an exclusive parking lot.
Where is this mixed-use property located?
The property is located at 16 Main Street Butler, NJ.
What is the lease rate?
The lease rate is $1,050,000.
What are key features of this property?
This property features: Two retail storefronts and three residential apartments; Fully leased mixed‑use property; Exclusive parking lot included
