Mixed-Use Dry Cleaning
69-69 Main St. Sayreville, NJ 08872
69-69 Main St., Sayreville, NJ, 08872
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For Sale
Contact for pricing
Turnkey dry-cleaning and alterations business with an attached second-floor residence and private entrances.
Property Size2,320 SF
Price / SF$366.38
Days on Market16
Property Features for 69-69 Main St.
General Information
- Standard status
- Active
- Size
- 2,320 SF
- Property subtype
- Land
Building Details
- Year Built
- 1930
Listing agency
Coldwell Banker Res Brokerage
Listed by
Donald Ricard · License #NJ
Source
Crexi
Added: Jul 7 Updated: Jul 22 at 8:36AM Checked: Jul 22 at 8:36AM
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 Res Brokerage
Investment Insights
Based on property information with market context.
This mixed-use property is being sold turnkey together with an operating dry-cleaning and alterations business. The commercial space is fully operational, and the offering includes the business and the building as part of a single sale. The second floor features a spacious owner’s residence with a living room, kitchen, full bathroom, and three bedrooms, along with a private front and rear entrance.
The property is located on Main Street in Sayreville, New Jersey, with easy access to major highways and nearby shopping and dining.
A one-car garage is included, providing additional convenience and storage for the residence. The current owners have operated the business for many years and are now retiring, making this a direct acquisition opportunity for an owner-operator or investor seeking an established, income-producing operation.
The property is located on Main Street in Sayreville, New Jersey, with easy access to major highways and nearby shopping and dining.
A one-car garage is included, providing additional convenience and storage for the residence. The current owners have operated the business for many years and are now retiring, making this a direct acquisition opportunity for an owner-operator or investor seeking an established, income-producing operation.
Key Highlights
- Mixed‑use commercial property with an operating dry‑cleaning and alterations business sold together with the building
- On‑site business includes a thriving, long‑standing dry‑cleaning and alterations operation with a loyal customer base
- No direct dry‑cleaning competition reported within approximately a 3‑mile radius
Local 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 | $69.6k | $30.00 |
| − Vacancy | −$22.3k | −$9.60 |
| EGI | $47.3k | $20.40 |
| − OpEx | −$11.8k | −$5.10 |
| NOI | $35.5k | $15.30 |
2,320 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$507.1K
$443.7K – $591.6K
NOI $35,496 @ 7.0% cap · market cap 4.18%
Second Best
Retail
$473.1K
$413.9K – $551.9K
NOI $33,114 @ 7.0% cap · market cap 3.90%
Theoretical Best
Office A
$605.8K
$530.1K – $706.8K
NOI $42,406 @ 7.0% cap · market cap 4.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Turnkey dry-cleaning and alterations business with an attached second-floor residence and private entrances.
Where is this live-work space located?
The property is located at 69-69 Main St. Sayreville, NJ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Mixed‑use commercial property with an operating dry‑cleaning and alterations business sold together with the building; On‑site business includes a thriving, long‑standing dry‑cleaning and alterations operation with a loyal customer base; No direct dry‑cleaning competition reported within approximately a 3‑mile radius
