Commercial Space on Franklin
For Lease
$1,300/Mo
97 Frank St, Somerset, NJ
Commercial space suitable for office, retail, or coffee shop.
Space SizeContact for details
Days on Market148
Property Features for 97 Frank St
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$4,279
Listing Agency:
EXP REALTY, LLC
(866) 201-6210
Listed By:
ALETHA JONES
(201) 993-1371
Source:
Exprealty
Added: Apr 20
Changed: Sep 13
Last Checked: Sep 13 at 1:04PM
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 EXP REALTY, LLC
Investment Insights
Based on property information with market context.
This commercial space, located at 97 Franklin St in Somerset, NJ, presents an opportunity for various business ventures. Previously a real estate office, the space includes a private office, additional space, and one bathroom. Its location on the corner of Franklin Blvd provides high traffic exposure. The property is suitable for use as an office for professionals such as accountants or attorneys, as well as for retail purposes or a coffee shop. The space is situated on the first floor and features a private entrance, along with two designated parking spots located at the rear of the building. The property is conveniently located near Rt 27, Rt 18, and 287 and is ready for immediate use.
Key Highlights
- High‑traffic corner location on Franklin Blvd provides excellent visibility.
- Versatile commercial space suitable for office, retail, or coffee shop use.
- Private entrance and two designated parking spots offer convenience.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
193
Businesses Nearby
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Business Placement
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Market
Lease Benchmarks for Somerset, NJ
$12.46 /SF/Yr
Avg Asking Price
$3.21–$18.5 /SF/Yr
Price Range
11,854 SF
Avg Space Size
This space is priced 39% above the average of $12.46 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Commercial space suitable for office, retail, or coffee shop.
Where is this office units located?
The property is located at 97 Frank St Somerset, NJ.
What is the lease rate?
The lease rate is $1,300/Mo.
What are key features of this property?
This property features: High‑traffic corner location on Franklin Blvd provides excellent visibility.; Versatile commercial space suitable for office, retail, or coffee shop use.; Private entrance and two designated parking spots offer convenience.
