Property summary
This exceptional retail opportunity is located at 309 Main Street in Madison, New Jersey, within Morris County (zip code 07940). The property is a single-suite strip center totaling 10,000 square feet, with 1,000 square feet currently available for lease. The building offers ample parking with 47 spaces for customers and employees. This location benefits from its proximity to several major educational institutions, including Drew University, Fairleigh Dickinson University, and the College of Saint Elizabeth. The combined student and faculty population of these universities exceeds 16,267, providing a significant potential customer base for retail businesses. The property's Main Street address ensures high visibility and accessibility for potential customers. The available 1,000 square foot space presents a versatile opportunity for a variety of retail uses. This is an excellent chance to establish a business in a thriving community with a strong demographic profile. The property's location and ample parking make it an attractive option for both businesses and their customers. Serious inquiries are encouraged to explore this promising retail investment.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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