For Sale
$852,923

31 Main St Chester, NJ 07930

Prime Retail Space, 3,080 SF, NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional retail property at 31 W Main St, Chester, NJ 07930, presents a compelling investment opportunity. The 3,080 square foot building sits on a 0.31-acre lot and boasts 14 parking spaces, ensuring ample customer convenience. The property is offered fee simple, providing complete ownership. A modern fit-out was completed in 2006, offering a well-maintained space ready for immediate occupancy. The building is currently leased under a triple net (NNN) lease, with the owner responsible for roof and structural maintenance. The lease term is 10 years, providing long-term stability, and includes two five-year renewal options at fair market value, offering future growth potential. The asking price is $852,923, translating to a price per square foot of $276.92. Located in Morris County, this property benefits from a desirable location in the thriving Chester market. This is an ideal investment for those seeking a stable, income-generating asset with significant upside potential. The property's strong lease terms, modern amenities, and convenient location make it a highly attractive investment opportunity. Don't miss this chance to acquire a prime retail property in a sought-after New Jersey location.

Highlights

  • Fee Simple Ownership
  • Modern 2006 Renovation
  • 3,080 SF Rentable Building Area
  • 0.31-Acre Lot
  • NNN Lease; Landlord Responsible for Roof & Structure
  • Two 5-Year Renewal Options at Fair Market Value

Property Details for 31 Main St

Property type
Retail properties, Land
Square Feet
3,080 SF
Year Renovated
2006
Lot Size (sq. ft)
13,504 SF

Location Insight

City
Chester
County
Morris
State
New Jersey
Latitude
40.7830371
Longitude
-74.6996751

FAQs

What type of property is this?
Retail property - Prime Retail Space, 3,080 SF, NNN Lease
Where is the retail property located?
The property is located at 31 Main St Chester, NJ.
What is the asking price?
The asking price for this property is $852,923.
What are key features of this property?
This property features: Fee Simple Ownership; Modern 2006 Renovation; 3,080 SF Rentable Building Area
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
31 Main St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message