Property profile

63 Main St 3204 Flemington, NJ 08822

OFF-MARKET
Office Spaces
Property ID
US59-1648671
708 SF 0.02 ac lot
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional executive office space, located at 63 Main St in Hunterdon County, offers a unique opportunity for businesses seeking a prestigious downtown location. The 10,000 square foot building, constructed and renovated in 2010, features a total of 63 buildings and two stories, providing a modern and well-maintained environment. The suite itself boasts 600 to 1343 square feet of flexible space, currently featuring a large reception/office area and two private offices, ideal for a variety of professional uses, including law firms or e-commerce businesses. The space includes a convenient storage area. The building offers the added convenience of an elevator, a significant advantage for a second-floor location. Ample parking is available in the lot behind the building. Utilities are included in the gross lease, with a 3% annual escalation clause. The zoning is DB, and the lot size is 0.01 acres. The ceiling height is 8 feet, and the building's electrical service provides 150 amps. This property's central location provides easy access to local restaurants, shops, and the post office, making it an attractive option for businesses seeking a vibrant and convenient work environment. The available space is part of a multi-tenant building with a total of one suite.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Total area 708 SF
Lot 0.02 ac (797 SF)
Zoning code C-1
APN 09 00017-0000-00009-0000-C3204
UPID US59-1648671

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Accounting Firm Tax Preparation
  • Electrical Service General Contractor
  • Law Firm
  • Training Center Tutoring Service
  • Business Management Consultant

Location

63 Main St, Unit 3204 Flemington, NJ 08822-1421
Flemington metro Census 11400 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$620k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$650k

Owner & transaction history

since 2023
Last sale
$725,000
2 recorded transactions
2023
$725,000
1969
Price N/A

Zoning & alternative use

C-1 · Flemington, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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