Retail-Office Space with
For Sale
Contact for pricing
9 Kingwood Ave, Frenchtown, NJ 08825
Versatile office or retail space with parking, zoned accordingly, within walking distance of town amenities in Frenchtown.
Property Size4,150 SF
Price / SF$0.65
Days on Market98
Property Features for 9 Kingwood Ave
General Information
Standard status
Active
Size
4,150 SF
Building Details
Year Built
1901
Listing Agency:
COLDWELL BANKER HEARTHSIDE
Listed By:
MARY ALICE HEIMERL · License #237481
(908) 996-7151
Source:
Luminancerealty
Added: Jul 13
Changed: Oct 7
Last Checked: Oct 5 at 11:26PM
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 HEARTHSIDE
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Investment Insights
Based on property information with market context.
This open and inviting space is ready for your vision and offers flexibility for prospective users. The property is zoned for office or retail use, supporting a range of commercial concepts within one adaptable footprint.
Parking is included, adding convenience for staff and customers. It’s also described as walkable to town and the amenities Frenchtown offers.
For buyers seeking a straightforward, zoning-flexible commercial space with on-site parking and an open interior, this opportunity provides a solid starting point to tailor the space to the needs of an office or retail operation.
Parking is included, adding convenience for staff and customers. It’s also described as walkable to town and the amenities Frenchtown offers.
For buyers seeking a straightforward, zoning-flexible commercial space with on-site parking and an open interior, this opportunity provides a solid starting point to tailor the space to the needs of an office or retail operation.
Key Highlights
- Year built: 1901
- Zoned for office or retail use
- Versatile office/retail space with parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,234
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,184,680
$1.2M
Cap Rate 7%
$846,200
$846.2K
Cap Rate 9%
$658,156
$658.2K
Market Conditions
NOI Build-Up for 4,150 SF
Gross rent
$89.6K $21.60/SF
− Vacancy
−$5.0K −$1.21/SF
EGI
$84.6K $20.39/SF
− OpEx
−$25.4K −$6.12/SF
NOI
$59.2K $14.27/SF
Area
Hunterdon County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,184,680
Cap Rate 7%
$846,200
Cap Rate 9%
$658,156
Alternative Uses
Best Use
Office B
$907.1K
$793.7K – $1.06M
NOI $63,495 @ 7.0% cap · market cap 2,351.67%
Second Best
Retail
$846.2K
$740.4K – $987.2K
NOI $59,234 @ 7.0% cap · market cap 2,193.85%
Theoretical Best
Office A
$1.08M
$948.2K – $1.26M
NOI $75,855 @ 7.0% cap · market cap 2,809.44%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
269
Businesses Nearby
Explore this area
Business Placement
Demographics for 08825, NJ
4,494
Population
2,139
Households
2.1
Avg Household Size
48
Median Age
50%
College-Educated
95%
High-School Grad
29.0 sq mi
ZIP Area
155
Density / Sq Mi
$104,750
Median Household Income
$65,850
Median Earnings
$1,639
Median Rent
$471,800
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Versatile office or retail space with parking, zoned accordingly, within walking distance of town amenities in Frenchtown.
Where is this office units located?
The property is located at 9 Kingwood Ave Frenchtown, NJ.
What are key features of this property?
This property features: Year built: 1901; Zoned for office or retail use; Versatile office/retail space with parking
