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Property profile & analytics
FOR SALE
Retail space

23-25 South Main St Manville, NJ 08835

Built 1957
Property ID
US59-Q000410
Property summary
AI-generated overview

Mixed use retail and elevated office building located downtown Manville. Two retail spaces, each with full height basement that is also leaseable space. One is currently owner occupied operating as a furniture store, the second retail is fit-up as a wash and press and remote dry cleaning service, currently not operating, vacant. The second floor has four separate offices intentionally left vacant, leaving new owner freedom to do what they wish with this well built and maintained investment. Street parking and 5 spaces at rear of building and also directly behind the building is shared municipal parking. Pro-forma NOI based on current lease rates in the area for the owner occupied retail and three of four offices on the 2nd floor that are ready to be leased. The second retail space and one office upstairs need renovating. Manville zoning has changed, with the possibility of permitting residential on the second floor. 23-25 South Main Street, Manville, NJ 08835 Mixed Use Retail Office Cinderblock and Brick Pro-forma NOI based on current lease rates in the area for the owner occupied retail and three of four offices on the 2nd floor that are ready to be leased. The second retail space and one office upstairs need renovating. Manville zoning has changed, with the possibility of permitting residential on the second floor. Each office independently owned and operated. RE/MAX, LLC is an Equal Opportunity Employer and supports the Fair Housing Act and equal opportunity housing. If you have a disability that is preventing you from experiencing this website, call By using this site, you consent to the collection, recording, and use of some personal information by REMAX and/or its third-party providers for site operation, analytics, and third-party advertising. © 2024 RE/MAX, LLC. All Rights Reserved.

Property profile
Verified
Property type Retail space
Year built 1957
UPID US59-Q000410
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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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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