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    Somerville, NJ Retail Space for Sale

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    Established Laundromat Business and Building
    Updated: Nov 18, 2024
    Established Laundromat Business and Building

    81 Somerset St, Somerville, NJ 08876

    $925,000
    6,000 sqft 0.15 AC lot
    Turnkey, well‑established, and profitable laundromat business.
    Includes the building in the sale.
    Prime downtown Somerville location.
    High volume drop‑off and self‑service business.
    Potential to expand washer units.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Somerville, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Retail Office Building
    Freestanding Retail Office Building

    136 Stelton Road, Piscataway, NJ 08854

    $750,000
    1,600 sqft 0.17 AC lot

    Freestanding 1,600 SF ground-level building with an open floorplan, extensive windows, and dedicated on-site parking.

    View details
    Mixed-Use Building in Downtown Manville
    Mixed-Use Building in Downtown Manville

    23 S Main St, Manville, NJ 08835

    $895,000
    5,000 sqft 0.15 AC lot

    Mixed-use retail and office building with redevelopment potential.

    View details
    Mixed-Use Building in Downtown Manville
    Mixed-Use Building in Downtown Manville

    23-25 South Main Street, Manville, NJ 08835

    $895,000
    5,000 sqft

    Mixed-use retail and office building with redevelopment potential in downtown.

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    Retail Space Available
    Retail Space Available

    1052 Stelton Rd, Piscataway, NJ 08854

    Contact for pricing
    18,560 sqft

    Retail space with dedicated entrance and shared parking.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime PUD-Zoned Land Opportunity
    Prime PUD-Zoned Land Opportunity

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    900 sqft 2.07 AC lot

    2.07 acres of PUD-zoned land in a growing corridor.

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    Off-Market Properties in Somerville, NJ

    Consider similar Off-Market properties in Somerville, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    906 Us-22
    Individual retail properties

    906 Us-22, Somerville, NJ 08876

    Value Estimation by Request
    View details

    Somerville, NJ Retail Space Market Trends and Statistics

    Explore 2 retail space for sale in Somerville, NJ on our real estate platform. These investment opportunities span a total of 6,000 square feet of properties for sale, with an estimated market value of $925,000.

    Sale prices for retail space in Somerville, NJ start at $925,000, averaging $925,000, and reaching up to $925,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 3
    Showrooms 1

    Demographics Overview

    Population 23K
    Population Growth (5Y) +3.8%
    Median Household Income $120,823
    College Educated 77.4%

    High-Yield Neighborhoods for Investment

    Identify Somerville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    08876 $592.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.23%
    Property Tax per SF $24.12 per SF
    Tax Rate vs County Average 0.18 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Somerset County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Somerville fall within the 5,000 to 10,000 square foot range.

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    Featured Somerville Real Estate Agencies

    Realmo connects you with licensed Somerville CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    McLachlan Realtors
    75 E. Maini St. Somerville, NJ 08876
    Phone: 19085262300
    www.McLachlanRealty.Com

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