Office and Shop
361 MAIN STREET West Creek, NJ 08092
For Sale
$799,000
Office showroom with vaulted ceilings and mezzanine office space, plus workshop, storage, and parking on a high-visibility Route 9 lot.
Property Size2,700 SF
Lot Size2.00 Acres
Price / SF$295.93
Days on Market8
Property Features for 361 MAIN STREET
General Information
- Standard status
- Active
- Size
- 2,700 SF
- Lot size
- 2.00 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1600
Listing Agency:
BHHS Zack Shore REALTORS
(609) 709-2866
Listed By:
Curtis Lee · License #0569686
(609) 709-2866
Source:
Xome
Added: Jul 18
Changed: Jul 23
Last Checked: Jul 24 at 5:34AM
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 BHHS Zack Shore REALTORS
Investment Insights
Based on property information with market context.
Versatile office and shop space on nearly 2 acres with approximately 265 feet of frontage on Route 9. The main office/showroom offers approximately 1,700 SF with a clear-span layout and vaulted ceilings. A second-floor mezzanine adds approximately 960 SF of additional office space, bringing total building area to approximately 2,700 SF.
The property also includes a 16x18 workshop, a separate storage shed, and parking for approximately 25 vehicles. The building is positioned toward the center of the lot, and the parcel measures approximately 265 feet by 294 feet, offering room for expansion and additional structures.
Zoned C-2, the property allows a wide range of permitted commercial uses, making it suitable for a variety of business needs.
The property also includes a 16x18 workshop, a separate storage shed, and parking for approximately 25 vehicles. The building is positioned toward the center of the lot, and the parcel measures approximately 265 feet by 294 feet, offering room for expansion and additional structures.
Zoned C-2, the property allows a wide range of permitted commercial uses, making it suitable for a variety of business needs.
Key Highlights
- Nearly 2‑acre commercial property with 265' frontage on Route 9 and wide highway access.
- Main office/showroom offers approx. 1,700 SF with clear‑span layout and soaring vaulted ceilings.
- Second‑floor mezzanine adds approx. 960 SF of office space for approx. total 2,700 SF.
Financial Insights For Office B
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 | $81.0k | $30.00 |
| − Vacancy | −$25.9k | −$9.60 |
| EGI | $55.1k | $20.40 |
| − OpEx | −$13.8k | −$5.10 |
| NOI | $41.3k | $15.30 |
2,700 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$590.1K
$516.4K – $688.5K
NOI $41,310 @ 7.0% cap · market cap 5.17%
Second Best
Retail
$550.5K
$481.7K – $642.3K
NOI $38,538 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$705.0K
$616.9K – $822.5K
NOI $49,352 @ 7.0% cap · market cap 6.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Office showroom with vaulted ceilings and mezzanine office space, plus workshop, storage, and parking on a high-visibility Route 9 lot.
Where is this office building located?
The property is located at 361 MAIN STREET West Creek, NJ.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Nearly 2‑acre commercial property with 265' frontage on Route 9 and wide highway access.; Main office/showroom offers approx. 1,700 SF with clear‑span layout and soaring vaulted ceilings.; Second‑floor mezzanine adds approx. 960 SF of office space for approx. total 2,700 SF.
