400 Main St Metuchen, NJ 08840-1807
- Commercial real estate
- 0.09 lot acres
Current Use by Public Records
- Hailey's Harp & Pub / Restaurant / Irish Pub
Property Details for 400 Main St
- Construction
- BRICK
- Lot size
- 0.09 lot acres
- Zone code
- B1
- Property type
- Commercial real estate
- APN
- 09 00121-0000-00007
- APU
- 900121000000007
Description
This exceptional 225 square foot executive office space is ideally situated in the heart of vibrant downtown Metuchen, New Jersey, at 400-402 Main Street. The property, part of a larger building complex constructed in the early 20th century and renovated in the 1990s, offers a convenient and prestigious location for businesses seeking a high-profile address. The suite is currently vacant and ready for immediate occupancy. This single-space offering is perfect for a small business or professional needing a well-located, efficient workspace. The building's prime location provides unparalleled access to the Metuchen train station, offering easy commutes to New York City, Newark, and Trenton. Major roadways, including the Garden State Parkway, NJ Turnpike, Route 287, and Route 1, are also easily accessible. The surrounding area boasts a thriving mix of retail establishments, restaurants, and other amenities, creating a dynamic and convenient environment for both employees and clients. The building itself is a well-maintained structure, offering a professional and inviting atmosphere. This is a rare opportunity to secure a highly desirable office space in a sought-after Metuchen location. The total building size is 225 square feet, with the entire space currently available for lease. The address is 400-402 Main Street, Metuchen, NJ 08840.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $360,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $280,000
- 6.5%
- $310,000
- 7%
- $290,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $290,000
- Geo Method
- $345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $275,000
- Retail
- $345,000
- Mixed-Use
- $310,000
- Hospitality
- $285,000
- Educational
- $315,000
- Residential Income
- $295,000
- Energy
- $335,000
- Income-Based Land
- $360,000
- Food Service
- $280,000
Location Insight
- Map
- Local Demand
- City
- Metuchen
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.3609
- Latitude
- 40.5414
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA