76 Main St Somerville, NJ 08876
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.