Retail Building with
46-48 Main Street Ogdensburg, NJ 07439
For Sale
Contact for pricing
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$197.13
Days on Market112
Property Features for 46-48 Main Street
General Information
Standard status
Active
Size
4,360 SF
Lot size
0.60 Acres
Property subtype
Retail
Listing Agency:
Donovan Realty and Development
Listed By:
Robert Petrin · License #NJ
Source:
Crexi
Added: Apr 9
Changed: Jul 23
Last Checked: Jul 28 at 5:52AM
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 and Development
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 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 | $94.2k | $21.60 |
| − Vacancy | −$5.3k | −$1.21 |
| EGI | $88.9k | $20.39 |
| − OpEx | −$26.7k | −$6.12 |
| NOI | $62.2k | $14.27 |
4,360 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$889.0K
$777.9K – $1.04M
NOI $62,232 @ 7.0% cap · market cap 7.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.14M
$996.2K – $1.33M
NOI $79,694 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
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 Street Ogdensburg, NJ.
What is the asking price?
The asking price for this property is $859,500.
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
