1274 State Route 31 Lebanon, NJ 08833
This exceptional commercial property, located at 1274 State Route 31 in Lebanon, New Jersey, presents a unique investment opportunity. The property encompasses a total of 2,900 square feet situated on a 0.22-acre lot. The main building features 2,000 square feet of first-floor retail space, boasting an open floor plan and varying ceiling heights, ideal for a variety of commercial uses. Adding to the property's versatility is a 900-square-foot, one-bedroom apartment located on the second floor. The first floor benefits from central air conditioning, while the second floor features a window unit. This property is being sold "AS IS," with inspections at the buyer's expense for informational purposes only. Attractive owner financing is available, requiring a one-third down payment. The property's strategic location on a major highway provides excellent visibility and accessibility, making it an ideal location for businesses seeking high traffic exposure. This is a rare opportunity to acquire a versatile commercial property with significant potential in a desirable New Jersey location. The property is zoned for commercial use and is ready for immediate occupancy.
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.