Car Dealership with Showroom
163 Main St Gladstone, NJ 07977
163 Main St, Gladstone, NJ, 07977
Contact for pricing
For Sale
Contact for pricing
Multi-building dealership property with showroom, office, storage, and 185 feet of frontage on Main Street.
Property Size10,082 SF
Lot Size1.51 Acres
Price / SF$292.60
Days on Market73
Property Features for 163 Main St
General Information
- Standard status
- Active
- Size
- 10,082 SF
- Lot size
- 1.51 Acres
- Property subtype
- RETAIL
Properties For Sale
at 163 Main St Contact us
Listing agency
The Blau & Berg Company
(973) 568-6611
Listed by
Jason M. Crimmins · License #0341793
(973) 568-6611
Source
Moodyscre
Added: May 11 Updated: Jul 21 at 9:49PM Checked: Jul 21 at 9:49PM
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 The Blau & Berg Company
Investment Insights
Based on property information with market context.
This classic car dealership property is configured with office, showroom, and vehicle storage space. The offering includes two buildings with two floors each, excluding cellar space, totaling 10,082 square feet. Clear ceiling heights range from 12 to 14 feet, supporting day-to-day automotive display and operations.
The site sits on 1.51 acres (Block 23, Lot 3) and features approximately 185 feet of frontage along Main Street. Zoning is VN, Village Neighborhood.
Permitted uses listed include mixed-use, retail, service and repair, personal service, and other various commercial uses, providing flexibility for compatible operational concepts within the dealership format.
The site sits on 1.51 acres (Block 23, Lot 3) and features approximately 185 feet of frontage along Main Street. Zoning is VN, Village Neighborhood.
Permitted uses listed include mixed-use, retail, service and repair, personal service, and other various commercial uses, providing flexibility for compatible operational concepts within the dealership format.
Key Highlights
- 10,082 SF total building size across 2 buildings (2 floors, excluding cellar)
- 1.51 AC total lot size (Block 23, Lot 3)
- 185 ft frontage along Main Street
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $217.8k | $21.60 |
| − Vacancy | −$12.2k | −$1.21 |
| EGI | $205.6k | $20.39 |
| − OpEx | −$61.7k | −$6.12 |
| NOI | $143.9k | $14.27 |
10,082 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.06M
$1.80M – $2.40M
NOI $143,903 @ 7.0% cap · market cap 4.88%
Second Best
Industrial
$1.62M
$1.41M – $1.89M
NOI $113,163 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$2.63M
$2.30M – $3.07M
NOI $184,283 @ 7.0% cap · market cap 6.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar Off Market Nearby
- Maximilian Classics — 217 Main St, Gladstone, NJ 07934
- Tuxedo Motorsport — 163 Main St, Peapack and Gladstone, NJ 07977
- Saem Auto Solutions — 1 Pottersville Rd, Gladstone, NJ 07934
FAQs
What type of property is this?
Auto shop - Multi-building dealership property with showroom, office, storage, and 185 feet of frontage on Main Street.
Where is this auto shop located?
The property is located at 163 Main St Gladstone, NJ.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 10,082 SF total building size across 2 buildings (2 floors, excluding cellar); 1.51 AC total lot size (Block 23, Lot 3); 185 ft frontage along Main Street
