Retail Storefront with Food-Service
6 BOONTON AVE Unit 2 Butler, NJ 07405
For Sale
$289,000
Standalone storefront unit with an existing kitchen, restroom, utility area, and open retail space in a downtown commercial district.
Property Size1,500 SF
Price / SF$192.67
Days on Market82
Property Features for 6 BOONTON AVE Unit 2
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1905
Listing Agency:
COLDWELL BANKER REALTY
(973) 666-3366
Listed By:
AZIZE ALICE CATKAL-TURSUN
(973) 666-3366
Source:
Xome
Added: May 4
Changed: Jul 23
Last Checked: Jul 24 at 5:46AM
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
For sale is a retail storefront unit, identified as Unit 2, #12, offering a layout designed for food-service and related uses. The space includes storefront visibility plus an existing kitchen area, restroom, utility area, and a flexible open retail area that can accommodate a variety of in-store concepts.
The property is located in Butler’s downtown commercial corridor within the CBD commercial zoning district. Current ownership will vacate, allowing a buyer to occupy the space after closing.
Operating costs referenced in the remarks include monthly electric and water bills typically between $150 and $200, and monthly insurance costs of $563.
The property is located in Butler’s downtown commercial corridor within the CBD commercial zoning district. Current ownership will vacate, allowing a buyer to occupy the space after closing.
Operating costs referenced in the remarks include monthly electric and water bills typically between $150 and $200, and monthly insurance costs of $563.
Key Highlights
- Approx. 1,500 SF retail storefront unit in Butler’s downtown commercial corridor
- Existing food‑service/bakery layout with kitchen area, restroom, utility area, and open retail space
- Corner lot in the CBD zoning district
Financial Insights For Specialty 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 | $32.4k | $21.60 |
| − Vacancy | −$1.8k | −$1.21 |
| EGI | $30.6k | $20.39 |
| − OpEx | −$7.6k | −$5.10 |
| NOI | $22.9k | $15.29 |
1,500 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$327.7K
$286.7K – $382.3K
NOI $22,939 @ 7.0% cap · market cap 7.94%
Second Best
Retail
$305.9K
$267.6K – $356.8K
NOI $21,410 @ 7.0% cap · market cap 7.41%
Theoretical Best
Office A
$391.7K
$342.7K – $457.0K
NOI $27,418 @ 7.0% cap · market cap 9.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Off Market Nearby
- Butler Flower Delivery — Lundy Terrace, Butler, NJ 07405, United States
FAQs
What type of property is this?
Storefront property - Standalone storefront unit with an existing kitchen, restroom, utility area, and open retail space in a downtown commercial district.
Where is this storefront property located?
The property is located at 6 BOONTON AVE Unit 2 Butler, NJ.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Approx. 1,500 SF retail storefront unit in Butler’s downtown commercial corridor; Existing food‑service/bakery layout with kitchen area, restroom, utility area, and open retail space; Corner lot in the CBD zoning district
