For Sale
$2,600,000

57 4Th StSomerville, NJ 08876

12,500 SF Office & Warehouse

Overview

Added:
Feb 3
Days on market:
66
This exceptional investment opportunity presents a meticulously maintained 12,500-square-foot commercial building in Somerville, NJ. The property boasts a desirable blend of office and warehouse space, perfectly suited for both investors and owner-occupiers. The building features 12,500 square feet of space, including 4,000 square feet of warehouse area with 20-foot ceilings, drive-in, and tailboard loading capabilities. The office space is professionally designed and includes private offices, conference rooms, a bullpen area, and a cafeteria. Its location within an I-2 zone, designated for light industrial use, adds to its versatility. Currently leased to a tenant with excellent credit on a true triple-net lease until December 31, 2026, the property generates a net operating income (NOI) of $186,000, representing a 7.5% capitalization rate. This presents a strong return on investment, making it an ideal acquisition for investors seeking immediate cash flow. The potential for owner-occupancy in approximately two years further enhances its appeal. The building's clean and well-maintained condition underscores its high-quality construction and ongoing upkeep. This property offers a rare combination of income-generating potential and future owner-occupancy flexibility in a prime location.

Property Details for 57 4Th St

Property type
Square Feet
12,500 SF
Year Built
1987

Location Insight

City
Somerville
County
Somerset
State
New Jersey
Latitude
40.56111
Longitude
-74.61084
57 4Th St, Somerville, New Jersey

FAQs

What type of property is this?
Commercial real estate - 12,500 SF Office & Warehouse
Where is the commercial real estate located?
The property is located at 57 4Th St Somerville, NJ.
What is the asking price?
The asking price for this property is $2,600,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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57 4Th St
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