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    FOR SALE
    Retail space

    513 S Pine Ave, South Amboy, NJ 08879

    2,450 SF 0.14 ac lot
    Property ID
    US59-2003119
    Property summary
    AI-generated overview

    This exceptional mixed-use property at 513 South Pine Avenue, Sayreville, New Jersey, presents a compelling investment opportunity. The 2,450 square foot building sits on a 0.14-acre lot (50' x 125'), zoned R-7, offering significant potential. The ground floor currently features a 450 square foot operating barber shop and a vacant 1,000 square foot space, previously a deli, ready for immediate lease or owner-occupancy. Upstairs, a 1,000 square foot apartment provides additional income potential. The property's location in Middlesex County, with its address in Sayreville, NJ, 08879, offers convenient access to major transportation routes and a thriving local community. The asking price is $650,000. This versatile property is ideal for an investor seeking a blend of retail and residential income streams, or an owner-operator looking to establish a presence in a dynamic market. The existing barber shop provides immediate cash flow, while the vacant retail space and apartment offer significant upside potential for future growth and rental income. The R-7 zoning allows for a variety of uses, providing flexibility for future development or expansion. Don't miss this chance to acquire a well-located, income-producing asset in a desirable New Jersey market.

    Property profile
    Verified
    Property type Retail space
    Total area 2,450 SF
    Lot 0.14 ac (6,098 SF)
    UPID US59-2003119
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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