Property profile

1274 State Route 31 Lebanon, NJ 08833

OFF-MARKET
Retail properties & Spaces
2,900 SF 0.22 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,900 SF
Lot 0.22 ac (9,583 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1274 State Route 31 Lebanon, NJ 08833
Lebanon metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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