396 Main St Metuchen, NJ 08840
This exceptional mixed-use property, located at 396 Main Street in Metuchen, New Jersey, presents a compelling investment opportunity. The 4,224 square foot building sits on a 0.06-acre lot and boasts a prime location, benefiting from high foot traffic due to its proximity to the train station and other established businesses. The property is currently fully leased, generating consistent income from a diverse tenant mix. This includes three retail spaces and two residential rental units, providing a stable and diversified revenue stream. The building is exceptionally well-maintained, minimizing potential capital expenditures for the new owner. The property is being offered at $1,500,000. Prospective buyers are responsible for conducting their own due diligence to verify all aspects of the property and its financial performance. Proof of funds will be required prior to any showings. This is a rare opportunity to acquire a profitable, established mixed-use property in a thriving New Jersey town. The strong tenant occupancy and desirable location make this an attractive investment for both seasoned and emerging real estate investors seeking a stable and appreciating asset. Don't miss this chance to secure a piece of Metuchen's vibrant commercial landscape.
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Quick In Food Store Grocery & Convenience Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B1 · Metuchen, NJMetuchen. Always verify with local authorities before improvements.
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.