10 Sherman AveRaritan, NJ 08869

Property Details for 10 Sherman Ave

Year built

1930

Lot size

0.33 AC

Property size (Sq ft)

3,287 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a free-standing, 3,287 square foot retail building and a fully leased two-family residence situated on a 0.33-acre lot in Raritan, NJ, on Route 206 North. The retail space offers significant income potential, boasting a recently installed new roof. The attached two-family dwelling provides additional consistent rental income, enhanced by recent upgrades. These improvements include brand new replacement windows and soffits, along with new gutters. One apartment features newly installed hardwood floors, fresh carpeting, and a renovated bathroom. The basement of the two-family unit has undergone a complete remodel, including a new full bathroom and the installation of new French drains. This property offers a compelling combination of established rental income and potential for future appreciation, making it an attractive investment for discerning buyers. Detailed financial information, including income and expense statements, is available upon request. The property's prime location on Route 206 North in Somerset County ensures high visibility and accessibility. This turnkey investment is ready for immediate income generation. Don't miss this chance to acquire a well-maintained, high-yield property in a desirable location.

Location Insight

City

Raritan

County

Somerset

State

New Jersey

Latitude

40.5725

Longitude

-74.6267

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