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    465 Union Ave Bound Brook, NJ 08805

    For Lease
    $18 SF/Yr ($9,076 /Mo)

    Prime Retail Space, 6,051 SF, 8 Parking Spaces

    Lot size:
    6,051 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 6,051-square-foot retail space is available for lease at 465 West Union Avenue in Bound Brook, New Jersey. Located in Somerset County, this single-tenant property sits on a 0.344-acre lot and offers ample parking with eight spaces. The building is a one-story structure, providing convenient access for both customers and employees. The entire 6,051 square feet is currently vacant, presenting a unique opportunity for a business seeking a substantial and adaptable space. The property's classification as Commercial, Mixed Use, suggests flexibility in potential uses, subject to local zoning regulations. Its prime location in Bound Brook, New Jersey, offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The property's size and parking capacity make it suitable for businesses requiring significant space and convenient customer parking. Interested parties are encouraged to investigate the zoning regulations and permitted uses for this property before submitting an offer. The address is 465 W Union Ave, Bound Brook, NJ 08805.

    Property Features for 465 Union Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,051 SF
    Total Rate
    9076.5

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    6,051 SF
    Rate per SF
    $18

    HighLights

    • Township approval pending for mixed‑use conversion (residential & ground‑floor retail).
    • Rear loading dock.
    • Potential for additional on‑site parking via rear lot expansion.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bound Brook
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.5465571
    Latitude
    40.5681321

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, 6,051 SF, 8 Parking Spaces
    Where is this retail property located?
    The property is located at 465 Union Ave Bound Brook, NJ.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Township approval pending for mixed-use conversion (residential & ground-floor retail).; Rear loading dock.; Potential for additional on-site parking via rear lot expansion.
    Request Owner's contact information
    465 Union Ave Bound Brook, NJ 08805
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    Bound Brook, NJ 08805
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    Realmo Value Estimation

    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.

    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.

    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
    465 Union Ave Bound Brook, NJ 08805
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