454 Main St Spotswood, NJ 08884-1702
This exceptional commercial property, located at 454 Main Street in Spotswood, New Jersey, presents a unique investment opportunity. The property is zoned RO and features a 1,385 square foot building situated on a 0.086-acre lot (APN: 24001070000000111). The two-story building is configured as a single-tenant space, ideal for a variety of uses. Given its central downtown Spotswood location, the property is well-suited for businesses such as general office spaces, retail establishments, restaurants (diner/dinette style), or professional service providers. The building offers ample space to establish a thriving business. The property's zoning designation (RO) should be verified with the appropriate municipal authorities to ensure compliance with intended use. There are no on-site parking spaces included with this property. This is a rare opportunity to acquire a renovated commercial building in a desirable location
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
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.