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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

76 Main St Somerville, NJ 08876

Property ID
Property summary
AI-generated overview

This exceptional 2,300 square foot retail space is ideally situated on West Main Street in the vibrant heart of downtown Somerville, New Jersey. Located in Somerset County, this single-tenant property boasts a prime street-level location with high visibility, ensuring maximum exposure to potential customers. A significant advantage is the convenient proximity to the Main Borough parking lot directly behind the store, offering ample parking for both customers and employees. The property's strategic location places it within easy walking distance of the NJ Transit Somerville Station, the County Court, and the County Administration complexes, guaranteeing a steady flow of foot traffic from a diverse range of individuals. The asking rent is $26 per square foot, plus utilities. This presents a compelling opportunity for businesses seeking a well-positioned retail space in a thriving downtown area with excellent accessibility and high visibility. The property is classified as street retail and offers a single tenancy arrangement, making it an attractive option for a variety of retail ventures. The space is ready for immediate occupancy and offers a fantastic chance to establish or expand a business in a bustling and convenient location.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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