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Mixed-Use Property With Retail
For Lease
$1,050,000

16 Main Street, Butler, NJ 07405

Fully leased property combines retail storefronts, apartments, and an exclusive parking lot.

Space SizeContact for details
Days on Market9

Property Features for 16 Main Street

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Taxes and HOA fees

Annual Taxes $12,660
Listing Agency: EXP Realty, LLC - Englewood Cliffs
Listed By: Su Zheng · License #2078658
Source: Tarvinrealtors
Added: Jul 29 Changed: Aug 2 Last Checked: Aug 5 at 4:22AM

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 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.

Key Highlights

  • Two retail storefronts and three residential apartments
  • Fully leased mixed‑use property
  • Exclusive parking lot included

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Dental Office Pharmacy Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
NNN (Triple Net)
Lease Type

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
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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
More about this property
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