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    Power Sport Business Opportunity Title is generated by Realmo AI

    749 Us Highway 202, Flemington, NJ 08822

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    Claim this Listing
    For Sale
    $2,595,000

    Other - Readington Twp., NJ

    Property size:
    12,900 SF
    Lot size:
    3.97 Acres
    Price / SF:
    $201/SF
    Added:
    Jan 24, 2025
    Days on Market:
    505
    Last Refresh:
    Jun 13 at 7:06 am

    Property Features for 749 Us Highway 202

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    25
    Standard status
    Active
    Size
    12,900 SF
    Lot size
    3.97 Acres

    Taxes and HOA fees

    Tax Annual Amount
    26734

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Multi Units

    Building Details

    Year built
    1959
    Flooring type
    Carpet, Concrete
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    John Carriere
    John Carriere

    Listing agent John Carriere

    Listing office BHHS Fox & Roach Hunterdon County Regional Office 54 Old Highway 22, NJ

    Listing date Jan 24, 2025

    MLS# 3942986 Listing URL

    Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Established Power Sport business with 50+ years of operation
    • Includes a house for on‑site living and working
    • Main building functions as showroom, office, and service center
    • Two buildings dedicated to storage of service/repair vehicles and new inventory
    • Separate building for parts department and accessory showroom
    • Property includes multiple buildings and land

    Overview

    This family-owned and operated power sport business 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, business office, and service center. Two additional buildings are used for storage of service repair vehicles and new inventory. A third building is dedicated to a parts department and accessory showroom. The property size is 12900 square feet and the lot size is 3.97 acres.

    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 (±1% cap)
    NOI $184,125 @ 7.0% cap · market cap 7.10%
    Second Best
    Industrial
    $2.07M
    $1.81M – $2.41M (±1% cap)
    NOI $144,793 @ 7.0% cap · market cap 5.58%
    Theoretical Best
    Office A
    $3.37M
    $2.95M – $3.93M (±1% cap)
    NOI $235,791 @ 7.0% cap · market cap 9.09%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Showrooms

    Suggested Use

    Restaurant Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Kitchen & Bath Showroom Food Market HVAC Service Garden Center Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Flemington
    County
    Hunterdon
    State
    New Jersey
    Longitude
    -74.79853
    Latitude
    40.525545

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      Power Sport Business Opportunity

      Family-owned power sport business with showroom, office, and service center.
      749 Us Highway 202, Readington Twp., NJ 08822
      View Details

    FAQs

    What type of property is this?
    Automotive property - Family-owned power sport business with showroom, service center, and storage.
    Where is this automotive property 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 with 50+ years of operation; Includes a house for on‑site living and working; Main building functions as showroom, office, and service center
    (908) 581-0300
    We can help!
    Listing Contact
    John Carriere
    John Carriere
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