Power Sport Business
749 Us Highway 202 Flemington, NJ 08822
749 Us Highway 202, Flemington, NJ, 08822
$2,595,000
For Sale
$2,595,000
Family-owned power sport business with showroom, office, and service center.
Property Size12,900 SF
Lot Size3.97 Acres
Price / SF$201.16
Days on Market541
Property Features for 749 Us Highway 202
General Information
- Standard status
- Active
- Size
- 12,900 SF
- Lot size
- 3.97 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1959
Listing Agency
BHHS FOX & ROACH
(908) 735-9700
Listed by
JOHN H. CARRIERE
Source
Corcoran
Added: Jan 25, 2025 Updated: Jul 10 at 3:47 pm Checked: Jul 20 at 4:04 am
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 BHHS FOX & ROACH
Investment Insights
Based on property information with market context.
This property features a family-owned and operated power sport business that has been serving New Jersey for over 50 years. The property includes a house, offering the opportunity to live and work at the same location. The main building functions as a showroom, office, and service center. Additionally, there are two buildings used for storage of service repair vehicles and new inventory. A third building is dedicated to a parts department and accessory showroom. The property's total size is 12,900 square feet.
Key Highlights
- Established Power Sport business (50+ years) included.
- Includes a house for on‑site living.
- Turnkey opportunity to own and operate a Power Sport business.
Local 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 | $278.6k | $21.60 |
| − Vacancy | −$15.6k | −$1.21 |
| EGI | $263.0k | $20.39 |
| − OpEx | −$78.9k | −$6.12 |
| NOI | $184.1k | $14.27 |
12,900 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.63M
$2.30M – $3.07M
NOI $184,125 @ 7.0% cap · market cap 7.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.37M
$2.95M – $3.93M
NOI $235,791 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Showrooms
Similar For Sale Nearby
FAQs
What type of property is this?
Showroom - Family-owned power sport business with showroom, office, and service center.
Where is this showroom located?
The property is located at 749 Us Highway 202 Flemington, NJ.
What is the asking price?
The asking price for this property is $2,595,000.
What are key features of this property?
This property features: Established Power Sport business (50+ years) included.; **Includes a house for on‑site living.**; **Turnkey opportunity to own and operate a Power Sport business.**
