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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

62 Center St Clinton, NJ 08809

25,000 SF
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 62 1/2 Center Street in Clinton, New Jersey, presents a unique investment opportunity. The 25,000-square-foot building sits on a substantial 7 to 31-acre lot, offering significant flexibility for a variety of uses. Currently, the entire space is available for lease, providing a rare chance to secure a large, contiguous footprint. The property is classified as mixed-use, allowing for diverse development possibilities. The minimum leasable space is 2,000 square feet, while the maximum contiguous space available is the entire 25,000 square feet. This makes it ideal for a single large tenant or multiple smaller tenants. The property's location in Hunterdon County, New Jersey, within the vibrant town of Clinton (zip code 08809), offers excellent visibility and accessibility. The building is currently vacant, providing a blank canvas for a new business or expansion. The property's size and versatility make it suitable for a wide range of commercial ventures. This is a rare opportunity to acquire a significant commercial space in a desirable location. The property was available in Q3 2020, and interested parties should inquire about current availability. The expansive lot size provides ample room for future development or expansion.

Property profile
Verified
Property type Retail properties & Spaces
Total area 25,000 SF
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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