For Sale
$1,000,000

66 Main St Moorestown, NJ 08057

Prime Main St location, high NOI.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional mixed-use property at 66 E Main St, Moorestown, NJ 08057, presents a compelling investment opportunity. The 2-story, 5,400-5,600 square foot building, constructed in 1835, offers a blend of retail storefront and apartment spaces, currently configured as two units. The property boasts a strong 7.60% cap rate and a net operating income (NOI) of $76,000. Zoned CRO, it benefits from high foot traffic and visibility on Main Street, with convenient access to major roadways including Route 38, Route 73, HWY 295, and the NJ Turnpike. Six parking spaces are available. The sale is structured as a sale/leaseback with a NNN lease in place. There are no scheduled rent bumps. This well-maintained building represents a rare chance to acquire a profitable, established business in a thriving Moorestown location. The property's prime position offers excellent potential for both rental income and business operations. Nearby amenities include numerous restaurants such as Pie Lady, Cubby Hole, and Passariello's Pizzeria. This is an ideal opportunity for investors seeking a strong return on investment in a desirable New Jersey market.

Highlights

  • Exceptional mixed-use investment opportunity in Moorestown, NJ.
  • 2-story, ~5,500 SF building with retail and apartment units (currently two).
  • 7.60% cap rate and $76,000 NOI.
  • CRO zoning, high visibility on Main Street with easy access to major roadways and six parking spaces.
  • Sale/leaseback with NNN lease; no scheduled rent increases.

Property Details for 66 Main St

Property type
Retail properties, Mixed-use properties
Square Feet
5,400 SF
Year Built
1835
Stories
2
Units
2

Location Insight

City
Moorestown
County
Burlington
State
New Jersey
Latitude
39.964970619032
Longitude
-74.944007710088

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FAQs

What type of property is this?
Retail property - Prime Main St location, high NOI.
Where is the retail property located?
The property is located at 66 Main St Moorestown, NJ.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Exceptional mixed-use investment opportunity in Moorestown, NJ.; 2-story, ~5,500 SF building with retail and apartment units (currently two).; 7.60% cap rate and $76,000 NOI.
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.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

SEBASTIAN ROHAN
SEBASTIAN ROHAN
Visit Broker Website

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Useful Information

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Main St
Moorestown, NJ 08057

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Moorestown, NJ 08057

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

66 Main St
  • SEBASTIAN ROHAN
    SEBASTIAN ROHAN
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