Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    58-60 Main St Chester, NJ 7930

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $999,999

    Mixed-use property in downtown Chester with multiple income streams.

    Type:Commercial/Industrial
    Lot size:
    0.31 Acres
    Added:
    Mar 11, 2026
    Days on Market:
    22
    Last Refresh:
    Mar 25 at 11:36 pm

    Property Features for 58-60 Main St

    General Information

    Standard status
    Active
    Lot size
    0.31 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    JUSTIN KILISZEK

    Listing agent JUSTIN KILISZEK License #0337593

    Listing office EXP REALTY, LLC

    Listing date Mar 11, 2026

    Source Exitrealty

    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

    Overview

    Mixed-Use Property in Historic Chester

    Located at 58-60 Main Street in Chester, this mixed-use property offers an investment opportunity in the heart of historic Chester Borough. The property at 58 Main Street includes a commercial unit with the potential to be divided into two additional retail spaces. 60 Main Street features two side-by-side storefronts and two apartments on the second floor. A parking lot and an oversized barn with a loft and three garage bays are also included, offering various potential uses. The property provides a variety of income streams and potential uses. Long-term tenants are in place and willing to stay, offering immediate cash flow.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chester
    County
    Morris
    State
    New Jersey
    Longitude
    -74.696
    Latitude
    40.7849

    Nearby Similar for Sale

    • $349,900
      8,000 SF

      Corner Office Condo For Sale

      High visibility office condo with conference area, kitchenette, and parking.
      2 North Rd, Chester Boro, NJ 07930-2318
      View Details
    • $950,000

      Chester Township Multi-Family with Income

      Multi-family property in Chester Twp. with rental income potential.
      1 Old Mill Rd, Chester Twp., NJ 07930-2850
      View Details
    • $229,000

      Professional/Medical Office Condo in Chester

      Renovated office condo in prime Chester location on Main Street.
      530 EA Main St unit 5B, Chester Boro, NJ 07930-2669
      View Details
    • $620,000

      Brick Ranch Home on Two Acres

      Single-story ranch on a level two-acre lot in Chester Township.
      356 North Road, Chester Township, NJ 07930
      View Details
    • $699,900

      Updated Commercial Building on Route

      Commercial building on Route 206 with high traffic exposure.
      Chester Twp., NJ 07930-2012
      View Details
    • $349,900
      8,000 SF

      Corner Office Condo For Sale

      High visibility office condo with conference area and private offices.
      2 North Rd, Chester Boro, NJ 07930
      View Details
    • Contact for pricing
      3,000 SF

      Leased Office Suites on Route 24

      Fully leased office suites in Chester, Morris County.
      310 State Route 24, Chester, NJ 07930
      View Details
    • Contact for pricing
      3,000 SF

      Fully Leased Office Suites

      3,000 SF fully leased office suites in Chester, NJ.
      310 State Route 24, Chester, NJ 07930
      View Details
    • Contact for pricing
      3,000 SF

      Fully Leased Office Suites

      Prime investment opportunity in Chester, NJ with steady tenant base.
      310 State Route 24, Chester, NJ 07930
      View Details
    • Contact for pricing
      2,630 SF

      Restaurant Building with Drive-Thru

      2,630 SF restaurant building with three-lane drive-thru.
      510 Main St, Chester, NJ
      View Details
    • $950

      Storefront in Desirable Chester

      First-floor storefront suitable for art studio, office, retail.
      28 MAIN ST, Chester, NJ 07930
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in downtown Chester with multiple income streams.
    Where is this mixed-use property located?
    The property is located at 58-60 Main St Chester, NJ.
    What is the asking price?
    The asking price for this property is $999,999.
    What are key features of this property?
    This property features: Prime mixed‑use property in historic Chester Borough.; Multiple income streams from commercial and residential units.; Turnkey cash flow with long‑term tenants in place.
    (866) 201-6210
    We can help!
    Listing Contact
    JUSTIN KILISZEK
    Real Estate License ID: 0337593
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!