Retail Building with
For Sale
Contact for pricing
46-48 MAIN ST, Ogdensburg, NJ 07439
Retail building offering main-level space, a full basement, and seating for 49 with 20 parking spaces.
Property Size4,360 SF
Lot Size0.60 Acres
Price / SF$205.28
Days on Market189
Property Features for 46-48 MAIN ST
General Information
Standard status
Active
Size
4,360 SF
Total Parking Spaces
20
Lot size
0.60 Acres
Property subtype
Retail
Additional Details
Utilities to Site
Yes
Building Details
Units
1
Listing Agency:
Donovan Realty & Development, Inc.
Listed By:
Tom Donovan · License #0793018
Source:
Crexi
Added: Apr 22
Changed: Oct 25
Last Checked: Oct 26 at 3:23PM
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 Donovan Realty & Development, Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail building includes approximately 1,760 SF on the main level plus approximately 2,600 SF in the basement, for a total of about 4,360 SF. The property is configured for uses requiring seating capacity for 49 and includes on-site utilities such as natural gas, city water, and septic service.
The site spans about 0.60 acres and provides parking for 20 vehicles, including 1 handicapped space.
Offered for sale, the building is set up to support a retail operation with both primary and lower-level space.
The site spans about 0.60 acres and provides parking for 20 vehicles, including 1 handicapped space.
Offered for sale, the building is set up to support a retail operation with both primary and lower-level space.
Key Highlights
- Retail building with 1,760 SF main level plus 2,600 SF basement (±4,360 SF total)
- Seating capacity for 49
- On‑site parking for 20 vehicles, including 1 handicapped space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,232
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,244,640
$1.2M
Cap Rate 7%
$889,029
$889.0K
Cap Rate 9%
$691,467
$691.5K
Market Conditions
NOI Build-Up for 4,360 SF
Gross rent
$94.2K $21.60/SF
− Vacancy
−$5.3K −$1.21/SF
EGI
$88.9K $20.39/SF
− OpEx
−$26.7K −$6.12/SF
NOI
$62.2K $14.27/SF
Area
Sussex County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,244,640
Cap Rate 7%
$889,029
Cap Rate 9%
$691,467
Alternative Uses
Best Use
Retail
$889.0K
$777.9K – $1.04M
NOI $62,232 @ 7.0% cap · market cap 6.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.14M
$996.2K – $1.33M
NOI $79,694 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
136
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Dunkin' Donuts
Dining
6,389 visits/mo
0.1 miles
Demographics for 07439, NJ
2,258
Population
984
Households
2.3
Avg Household Size
42
Median Age
29%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
1,026
Density / Sq Mi
$104,946
Median Household Income
$55,607
Median Earnings
$1,390
Median Rent
$311,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Retail building offering main-level space, a full basement, and seating for 49 with 20 parking spaces.
Where is this retail space located?
The property is located at 46-48 MAIN ST Ogdensburg, NJ.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Retail building with 1,760 SF main level plus 2,600 SF basement (±4,360 SF total); Seating capacity for 49; On‑site parking for 20 vehicles, including 1 handicapped space
