Main St Metuchen, NJ 08840
- Commercial real estate
- 0.06 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Main St
- Lot size
- 0.06 lot acres
- Property type
- Commercial real estate
Description
This exceptional mixed-use commercial property in Metuchen, NJ, presents a lucrative investment opportunity. Situated on a 0.06-acre lot at a prime Main Street location, this well-maintained building boasts a strong income stream generated by three fully leased retail spaces and two residential rental units. The property benefits from significant foot traffic due to its proximity to the Metuchen train station and other established businesses, ensuring consistent tenant demand and high occupancy rates. The building's excellent condition minimizes immediate capital expenditure needs, allowing for a swift return on investment. The current configuration offers a diversified income portfolio, mitigating risk and maximizing profitability. This is an ideal acquisition for investors seeking a stable, high-yield asset in a thriving New Jersey market. Potential buyers are responsible for conducting their own due diligence to verify all aspects of the property and its financial performance. A proof of funds (POF) is required prior to any property showings. The asking price for this exceptional investment opportunity is $1,500,000. Don't miss this chance to secure a valuable asset in a highly desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Metuchen
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.3586
- Latitude
- 40.528
