406 Main St Metuchen, NJ 08840
- Commercial real estate
- 13,221 SF
- 0.22 lot acres
Current Use by Public Records
- Tenon Financial / Financial Planner
- BYRON PLACE CAPITAL MANAGEMENT / Financial Consultant
- RNR Software Inc / Software Company
- Petroleum Quality Institute of America / Association / Organization
- Direct Appraisal Services / Real Estate Appraiser
Property Details for 406 Main St
- Year built
- 1917
- Construction
- BRICK
- Lot size
- 0.22 lot acres
- Property size
- 13,221 SF
- Zone code
- B1
- Property type
- Commercial real estate
- APN
- 09 00121-0000-00008
- APU
- 900121000000008
Description
This exceptional executive office suite, located at 406 Main Street in Middlesex County, presents a fantastic leasing opportunity. The property offers a total of 352 square feet of meticulously maintained office space, currently entirely vacant and ready for immediate occupancy. The suite is ideal for a small business or individual professional seeking a prestigious and efficient workspace. Flexible configurations are available, with a minimum leasable area of 166 square feet and a maximum contiguous space of 186 square feet. This allows for customization to suit various business needs and sizes. The building is well-maintained and situated in a desirable location within Middlesex County, offering easy access to major transportation routes and local amenities. The multiple tenancy structure ensures a professional and collaborative environment. This is a rare opportunity to secure a high-quality, move-in ready office space in a prime location. The space is perfect for a single professional or a small team requiring a modern and functional office environment. Don't miss this chance to establish your business in this thriving area. Contact us today to schedule a viewing and secure your future workspace. The property is available for lease immediately. The total building size is 352 square feet, with the entire space currently vacant.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,680,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,925,000
- 6.5%
- $1,680,000
- 7%
- $1,670,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,650,000
- Geo Method
- $1,515,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,970,000
- Retail
- $1,680,000
- Mixed-Use
- $1,725,000
- Hospitality
- $1,560,000
- Educational
- $2,030,000
- Residential Income
- $1,970,000
- Energy
- $1,665,000
- Income-Based Land
- $1,625,000
- Food Service
- $1,540,000
Location Insight
- Map
- Local Demand
- City
- Metuchen
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.3609
- Latitude
- 40.5416
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
