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Property profile & analytics
OFF-MARKET Estimated value $600,000
Commercial real estate

15 Main St Mendham, NJ 07945-1501

3,108 SF 0.26 ac lot Built 1900
Entity Owned 4-yr Hold Free & Clear
Property ID
US59-2837219
Property summary
AI-generated overview

This exceptional 907-square-foot commercial suite is available for lease at $2200 per month. Situated within a beautifully renovated mixed-use building at 15 W MAIN ST, Mendham, NJ, this property offers an unparalleled opportunity for businesses seeking a vibrant and accessible location. The suite is perfectly suited for professional office use or a retail establishment, benefiting from high visibility in a bustling area of Mendham. The building's strategic location places it amongst a thriving mix of restaurants, shops, schools, and other businesses, ensuring high foot traffic and excellent exposure. Ample parking is readily available for clients and employees, adding to the convenience and appeal of this property. An attractive outdoor patio area provides a welcoming and inviting space for clients and guests to relax and enjoy. The 0.81-acre lot provides ample space for parking and outdoor activities. This is a rare opportunity to secure a well-located, attractive, and functional commercial space in the heart of Mendham. The suite's size and layout offer flexibility for a variety of business types, making it an ideal choice for those seeking a prominent presence in a desirable community. Don't miss this chance to establish your business in this thriving area.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Construction FRAME
Total area 3,108 SF
Lot 0.26 ac (11,326 SF)
Zoning code B
APN 18 01501-0000-00006
UPID US59-2837219
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
Current use
Occupant on record · Public records
  • Simple Coffee Cafe & Coffee Shop
  • Doug The Florist (Bike/Boat/Book/etc) Store Florist
  • Real Estate Document Preparation by Real Property Title Advisors LLC Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
by Request
Comparable Approach Comparable
$595k
Blend (final) Blend
$600k
Owner & transaction history
15 Main Street LLC · 4 yrs held
15 Main Street LLC
since 2021
3 recorded transactions
2021
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B · Mendham, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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