38-44 Somerset St Raritan, NJ 08869
This exceptional retail property, located at 38-44 W Somerset St in Raritan, New Jersey, 08869, offers a prime 2,500 square foot space ideal for a variety of businesses. The building itself totals 6,720 square feet, and this single-tenant space is currently vacant and ready for immediate occupancy. Situated in the heart of downtown Raritan, this location provides excellent visibility and accessibility for customers. The property is classified as street retail and office space, offering versatility for potential tenants. The address is easily accessible, offering high foot traffic and convenient parking options (details to be confirmed separately). This is a fantastic opportunity for a business seeking a prominent location in a thriving community. The property's size and location make it an attractive option for a variety of retail uses, and its single-tenant occupancy ensures ease of management and control. Serious inquiries are encouraged to explore this exceptional retail space and its potential. Further details regarding lease terms and conditions are available upon request. Don't miss this chance to establish your business in a prime downtown Raritan 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.